Friday, October 14, 2011

Gartner: Lenovo Now 2nd-Largest Worldwide PC Vendor

Lenovo is now the second-largest PC vendor in the worldwide market for the first time.

ZoomWednesday Gartner Research said that worldwide PC shipments actually grew 3.2-percent in the third quarter of 2011 compared to the same quarter in 2010, totaling 91.8 million units. However Gartner also said that the numbers are actually lower than its earlier projection of a 5.1-percent growth during Q3 2011.

"The inventory buildup, which slowed growth the last four quarters, mostly cleared out during the third quarter of this year; however, the PC industry has been performing below normal seasonality," said Mikako Kitagawa, principal analyst at Gartner. "As expected, back-to-school PC sales were disappointing in mature markets, confirming that the consumer PC market continues to be weak. The popularity of non-PC devices, including media tablets, such as the iPad and smartphones, took consumers' spending away from PCs."

Ouch. Yet despite all the talk about spinning off its PC division, Gartner points out that HP actually grew faster than the industry standard in the third quarter, and still reigns as the #1 worldwide PC vendor shipping over 16 million units, a 5.3-percent jump from the numbers seen in the same quarter last year. It's current market share hovers at 17.7-percent, just over 4-percent more than the new #2 PC vendor, Lenovo.

"Lenovo became the second-largest PC vendor in the worldwide market for the first time," Gartner said. "The company's expansion was boosted in part by the joint vendor with NEC in Japan. However, its aggressive marketing to both the professional and consumer PC markets accelerated its shipment volume."

According to the report, Lenovo shipped more than 12 million units in the third quarter and currently commands 13.5-percent of the market. The company has actually enjoyed a growth of 25.2-percent compared to the sub-10 million units and 11.1-percent market share seen in Q3 2010. Dell reportedly controlled 12.2-percent of the market during the same 2010 quarter, but didn't share the same growth into 2011.

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