The Lenovo Group has been ranked as number one PC maker for the first time in its history by edging out Hewlett â€“ Packard or HP.Â The latest data released by the research house- Gartner still ranks HP in the lead but by less than half a percentage point when compared to Lenovo. The global market share of Lenovo is estimated to be 15.7% and that of HP is 15.5%.Â HPâ€™s shipments fell by more than sixteen percent to 13.55 million whereas its rival Lenovo had shipped 13.77 million computers during the third quarter.
However the third quarter numbers from IDC a rival research firm showed HP as having a slight lead with 15.9% against Lenovoâ€™s 15.7%. The PC industry as a whole is supposed to be on decline with an 8.6 percent decline in shipments compared with the last year as per the report of IDC. Gartner further informs that Lenovo had made a crucial market share gains over the past two years, the main reason being that Lenovo in addition to acquiring other vendors had also indulged in an aggressive positioning on pricing especially in the professional market.
The overall perspective of PC market is dull as demand for computers has taken a beating due to the availability and popularity of the smart phones and tablets which enabled the people to do the basic computing things on the move. Some consumers are also not buying the PCâ€™s until the launch of Microsoftâ€™s latest operating system â€“ Windows 8 that is not likely to be available until the end of this month. The other aspect that has weakened the share of HP in the global PC market is the tough competition from Asian rivals like the Taiwanâ€™s Acer and other Asian PC manufacturing companies.
Dell that had earlier competed with HP for the top slot for many years is now ranked third in the worldwide PC rankings as per IDC and Gartner with 10.8 and 10.5 percent shares respectively. Dell is also getting into trouble as its market share is declining. Lenovo is a Chinese company that bought the IBMâ€™s personal computer division in 2005.