Skip to comments.Hewlett-Packard edged out as biggest personal-computer seller, according to industry report
Posted on 10/10/2012 5:34:34 PM PDT by SeekAndFind
Amid a global slump in personal computer sales, Hewlett-Packard (HPQ) has relinquished its position as the world's biggest PC seller for the first time in five years, one research firm reported Wednesday, while another had the Palo Alto technology giant clinging to the top spot.
The bad news for HP was compounded by an additional report Wednesday that PC shipments from computer makers for the year would likely shrink about 1 percent, with the last such drop recorded during the dot-com bust of 2001.
"HP has given up the PC vendor position for the first time since the third quarter of 2006," according to the market monitoring firm Gartner. It said the top position for the quarter was held by Lenovo of China, which previously had been in second place.
Lenovo edged out HP with 15.7 percent of the 87.5 million PC shipments for the quarter, a nearly 10 percent increase for the Beijing-based company over the same period a year ago. HP's 15.5 percent share represented a drop of 16.4 percent from the third quarter last year, Gartner said.
Another research firm -- International Data Corporation -- reported that HP still held a narrow lead in the top position, with 15.9 percent of the market, while Lenovo held 15.7 percent. However, its data also showed HP fast losing ground to Lenovo.
(Excerpt) Read more at mercurynews.com ...
“Hey, I have an idea. Let’s take our world-class technology company, our mastery of physics, electrical and mechanical engineering, chemistry, materials science, microwaves, semiconductors... let’s take our collection of the best, most creative, most fearless technical talent in the world... let’s take it all, and put them all to work chasing a commodity business that’s all about cost, the core of which is built by other big companies down the road that are busy hiring our best people away. Let’s do that, OK?”
“Now you must excuse me, I have to leave for a round of appearances in Washington.”
Sort of like being the best yodeler in Harlem...
In the 1980s IBM became the icon for the personal computer.
Now it has been sold out to China and moved there and is using the name Lenova.
That sums up what has happened to America.
They recently announced a 10% force reduction with no specific targets or strategy - just the standard stupid CEO trick to get a quick stock boost. This has a damning effect on the morale and initiative within a company - there goes your edge.
IBM saw the writing on the wall.
Tablet sales up and pc dying slow death. It’s no longer a boy who cried
PC’s are still needed but on a 7-10 year upgrade cycle.
who the heck is buying hp computers? they’re just as sucky as compaqs.