The global pandemic negatively impacted economies world wide. Millions lost their jobs in the U.S. and in other countries. Despite this harrowing fact, certain consumer products are having a great year. For example, the tablet market popped as companies ordered employees to work from home. Tablets sales also benefited from school-age kids distance learning via the device. Some families had to go from owning one PC or tablet for the household to owning multiple devices so as to keep everyone in the family connected.
The pandemic hikes demand for tablets, PCs and laptops
The fourth-generation Apple iPad Air is powered by a cutting-edge 5nm chip
Demand for tablets, PCs and laptops has slipped ever since the original Apple iPhone was launched in 2007. PC shipments peaked at around 300 million units in 2008 and has been dropping toward 250 million. But now, quite unexpectedly, the 300 million level is back as analysts see that many PCs shipped by the end of this year. And analysts also expect tablet shipments to grow faster than the 15% growth forecast for PCs in 2020.
The iPad remains the most popular tablet available and with the pandemic continuing to raise demand for these devices, Apple is developing a broader line with newer and advanced features that should keep demand high and keep Apple on top of the tablet world.