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Logitech’s sales boom as people outfit their home offices

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Gross sales of Logitech’s keyboards, PC webcams, tablets, and video collaboration merchandise are booming because of shelter-in-place orders in the course of the pandemic, the company is reporting. Demand for the monetary quarter ending in March was pushed by folks establishing house places of work, medical doctors adopting telemedicine, and lecturers utilizing video requires distance studying, it says. In the meantime, gross sales of its gaming peripherals additionally elevated as folks tried to maintain themselves entertained at house.

Gross sales of video collaboration merchandise, which Reuters notes consists of cameras, microphones, and software program that permits for on-line conferences, elevated by 60 % in comparison with the identical interval final yr, whereas keyboards, PC webcams, tablets, and equipment all noticed double digit development. Logitech’s total gross sales had been up 13.6 % within the three months ending March 31st.

Final month, NPD information steered that US spending on client tech has elevated, and we’ve additionally seen anecdotal proof of widespread webcam shortages. Now we now have precise gross sales information as proof. Whereas many corporations are struggling to outlive in the course of the pandemic, others like Logitech are thriving as a significant producer of PC equipment.

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