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Apple the top pick in growing PC market, analyst says

January 14, 2021


Apple will continue to benefit from continued momentum in the PC market, a growth trend that investment bank Cowen says will be sustained into 2021.

In a note to investors seen by AppleInsider, lead analyst Krish Sankar updated his PC unit forecasts to grow another 2% year-over-year in 2021. That’s on top of the previous unit growth in 2020 of about 8.3%.

PC shipments grew an estimated 9% in the fourth quarter of 2020. Sankar said he expects that momentum to continue into 2021, with shipment growth of about 2.5% during the year. The key beneficiaries will be Apple, Silicon Motion Technology Co., and Western Digital, Sankar wrote.

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