PC Giants Predict Delayed but Massive Upgrade Wave

Dell and HP executives have acknowledged a delay in the anticipated commercial PC refresh cycle. Michael Dell, speaking at the Citi 2024 Global TMT conference, stated that the refresh cycle “has been delayed for sure.” The Register adds: Without offering any reasons for postponement — and not being pressed for one by the analyst interviewing him — the billionaire reckoned the size of the refresh is “going to be even bigger” because of it. “So first of all we have a certain date with Windows 10 end-of-life and we’re almost within a one year window of that, and as you get in that one-year window, the enterprise IT people start screwing around and saying, ‘Oh, we better do something about this’,” said Dell.

Enrique Lores, CEO at rival PC maker HP, who spoke at the Goldman Sachs Communacopia + Technology conference this week, agreed enterprises are also about to invest in new lines. “First of all there is a large and aging installed base on PCs. Many of these PCs were bought during COVID and now we are four [or] five years after they were bought and they will have to be replaced. “We also see an opportunity driven by the Windows 11 refresh that is only starting now… this is what is behind some of the strength that we see on the commercial side. Microsoftâ¦ will start discontinuing their support for the previous versions, and this always ties the replacement and upgrade,” he said, adding “this is going to be driving demand in the coming quarters.”