The PC industry just had its lowest single quarter of shipments since 2007, according to a new report from analyst firm Gartner.
Worldwide shipments of PCs fell 4.3% in the second quarter compared with the same period in 2016. That marked the 11th straight quarter that shipments have declined in the industry.
The reason for the latest drop, per Gartner: There’s a shortage of components like memory and LCD screens that are driving up manufacturing costs. While some vendors just absorbed the higher costs, others hiked their PC prices, leading to lower overall demand.
The story was even worse in the US. Here, overall PC shipments dropped 5.7%. Gartner chalked it up to weak demand, particularly in the education sector, where customers are switching to Chromebooks, which Gartner doesn’t include in its PC shipment numbers.
The slump in the US hit Asus hardest. The company saw its US shipments fall 40.7% last quarter when compared with the same period in 2016.
But Apple and its Mac computer lineup took some lumps, too. Mac shipments declined 9.6% in the US over the same period.