Best of Bloomberg Intelligence (01/25/2023)

Bloomberg Intelligence's Wu Jin Ho discusses the impact of recessionary pressures on demand, highlighting weak visibility into the second half of the year. The pandemic caused a distortion in PC buying, with sales peaking at 300 million units. However, the market is expected to revert to pre-pandemic levels of around 261 million units in 2023. Dell and HP face challenges, with expected declines in earnings. The future of the PC business involves market consolidation, with work-from-home trends sustaining demand for new PCs, especially notebooks, which have faster replacement cycles.

What are the main factors contributing to the slowdown in demand as discussed in the text?

How did the pandemic affect the buying patterns in the PC market according to the analyst?

What are the expected unit sales for Dell and HP in 2023 based on the analyst's insights?

How does the analyst view the corporate side of the PC market in terms of market share?

What does the analyst suggest about the future of the PC market and the potential for recovery?