Gartner: PC sales continue to slide as tablets eat their lunch

Gartner PC sales continue slide, tablets to blame

PC shipments are still heading the wrong way down the gadget freeway, according to Gartner, who thinks that we’re now consuming media mostly on tablets and just flitting over to the PC for grunt work. The survey outfit theorized that a single shared computer can often suffice for a family, with individuals getting their own tablet instead of a laptop or desktop for personal stuff — especially with compelling, inexpensive new entries like the Nexus 7. Gift-givers were less inclined to wrap up PCs this Christmas, and Windows 8 didn’t give them much of a boost either, according to the figures. The only companies with anything to celebrate during the period were Lenovo and Asus, who experienced 8.2 and 6.4 percent boosts respectively, reflecting another trend that competitors like HP and Dell will want to nip in the bud — and fast.

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Source: Gartner

Lenovo’s Q1 shows ‘record high’ market share, profits up 30 percent to $141 million

DNP Lenovo Q3 results

After delivering an overachieving laptop, Lenovo has delivered financial results that also exceeded expectations, producing $8 billion in revenue and $141 million net profit. Those figures are up 35 and 30 percent respectively over last year, which the company has chalked up to a higher than ever market share of 15 percent. That growth came in part from a 59 percent sales bump in emerging markets like India and Brazil, on top of a 9 percent spurt in its home market — lifting the company 24 percent in world-wide PC shipments for the quarter. Lenovo has also become the second largest player in China’s smartphone market, after Samsung, now up to a 13 percent market share. CEO Yang Yuanqing also proclaimed that, unlike other Redmond partners, he wasn’t stressed about Microsoft’s Surface tablet — and that his company had “much better hardware” than the software giant.

Continue reading Lenovo’s Q1 shows ‘record high’ market share, profits up 30 percent to $141 million

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Lenovo’s Q1 shows ‘record high’ market share, profits up 30 percent to $141 million originally appeared on Engadget on Thu, 16 Aug 2012 06:27:00 EDT. Please see our terms for use of feeds.

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