Lenovo Passes Dell as the World's No. 2 PC Maker
Lenovo has become the world's second largest PC maker in the third quarter of this year.
According to IHS, Lenovo shipped 12.5 million units, up 14.5 percent from 10.9 million in the second quarter. HP retained the lead with 16.3 million units, but increased its shipments only 5.9 percent sequentially. Dell had a weak quarter with just 1.3 percent growth to 11.3 million PCs and dropped to third place. Acer, in fourth, was able to increase sequential sales by 6.8 percent to 9.5 million units, but annual growth is still down by almost 21 percent due to a fast decline of netbook sales. In Q3 of 2010, Acer sold 12.0 million PCs.
"Lenovo continues to capitalize on strong demand for PCs in its home market of China," said Matthew Wilkins, principal analyst for compute platforms research for IHS. "While PC sales in the United States, Europe and many other regions are suffering because of weak economic conditions and rising competition from media tablets, desktop and notebook sales remain red hot in China. This is allowing Lenovo to outgrow it U.S. rivals—and putting it in position to contend with HP for market leadership."
While HP said that it will keep its PC business as part of the company, the previous announcement that the company would not be making PCs anymore caused the company to lose some distribution deals in China, IHS said.
Global PC shipments increased to 90.4 million units in the third quarter, IHS estimates. Compared to Q3 last year, unit sales climbed by just 2.6 percent from 88.1 million PCs and are well below IHS's previous forecast of 6.8 percent growth. "While third-quarter PC shipments came in lower than our predictions, the attainment of any growth at all represents a victory for the market," Wilkins said. "This increase in sales comes at a time of weak consumer sales and a strong challenge from alternative platforms—specifically the media tablets. In this environment, all growth is progress."
As a result, companies have to cut corners, rip off their customers, fire full time employees, outsource jobs to 3rd world countries, reduce metal thickness, plastic quality & thickness, reduce warranties, false advertising, attacking competition, patent vague ideas, fib their financial reports etc. ANYTHING they can do to show GROWTH because PROFIT isn't enough for the 1%, it has to be INCREASING profit.
Personally if I made a few billion dollars, I'd be quite happy making a few billion dollars the following year. I certainly wouldn't get grumpy if it was only 2.6% higher than last year.
Yep, you sound like a legitimate and unbiased source and I would like to subscribe to your newsletter.
I love my Lenovo and it's been a terrific little workhorse, and considering dang near everything electronic comes out of the same small area of China, it doesn't really make a difference what company you buy from if you're concerned about "Made in America". I work for an American company that sells components to automotive, computer and pretty much any other company that makes electronic devices/modules and they almost all get shipped to China for conversion and assembly. It doesn't matter who we sell it to, be it Apple, Seagate, AMD, Intel, WD, Dell, GM; most of our sales to those companies end up getting put on a boat and sent overseas to Asia be put into something that's then shipped right back here which is exactly what happens to the materials we sell to the Asian companies like Hitachi, Sony, Samsung, Lenovo, Foxconn, etc. In some cases, the destination is the exact same manufacturing building whether is an American company or a Chinese, Korean or Japanese one. About the only companies that don't really do that tend to be the German and some of the Canadian ones.
If my fixed salary was stupid high, sure I'd be happy with that. You make it sound like selling 90 million PC's is like a minimum wage job and you proved my point. It SHOULD be enough for a company to do a steady 50 billion in revenue per year with a decent profit margin. Instead, they spit out the shittiest products in history and cut employee wages to pennies to show "growth". That's the damaging part, a throw-away society where everyone makes minimum wage and shareholders bask in the tropical sun.
Yes even my hp dv 9335nr lasted 2.5 years unlike hte xps m1710 thaa need to be repaired over and over and over till warranty expired........lenovo an thinkpad t series laptops still kicking....