Global PC shipments are expected to drop 12.8% to 305.3M in 2022 while tablet shipments will fall 6.8% to 156.8M; combined PC/tablet market to fall 2.6% in 2023 (IDC)

IDC:
Global PC shipments declined 15% YoY to 74.3M units in Q3 2022; Lenovo, HP, and Dell declined YoY by 16%, 28%, and 21%, respectively, while Apple was up 40%  —  Declines continued for the traditional PC market as global shipments totaled 74.3 million units during the third quarter of 2022 …

IDC:
Global wearables shipments declined 6.9% YoY to 107.4M units in Q2 2022, weighed down by rising inflation and other factors; Apple’s share declined to 25%  —  The wearables market faced another challenging period in the second quarter of 2022 (2Q22) as global shipments declined 6.9% year …

Ron Miller / TechCrunch:
Canalys, IDC, and Gartner global Q3 2022 PC shipment estimates have a big discrepancy for Apple: up 1.7% YoY, up 40.2% YoY, and down 15.6% YoY, respectively  —  PC shipments plunged across the world in the third quarter with overall sales falling 18%, according to numbers compiled by Canalys.

Jordan Novet / CNBC:
IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast  —  – IBM beat on the top and bottom lines and raised its revenue growth forecast for all of 2022.

Brody Ford / Bloomberg:
DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+  —  DocuSign Inc. rallied 17% after reporting quarterly sales that topped analysts’ estimates and raising its billings forecast …

Jennifer Surane / Bloomberg:
PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast  —  PayPal Holdings Inc. trimmed its forecast for annual revenue amid a slowdown in spending growth on its platform.  The shares fell as much as 14%.