IDC today reported that worldwide PC shipments totaled 73.4 million units in the first quarter of 2014 (1Q14), a decline of -4.4% year on year as a result of continuing weakness in consumer and emerging market segments. Windows XP was one of the main reasons for growth in commercial market segments as Microsoft is ending the support for OS. Lenovo maintained its lead in total worldwide PC shipments, followed by HP and Dell. Acer and Asus are the biggest losers in this segment as they are transitioning towards tablets and mobile devices. “Worldwide PC shipments have now declined for eight consecutive quarters as a result of shifting technology usage and competition (notably with tablets & smartphones) as well as economic pressures (including high unemployment, slow growth & investment, tight credit, and currency fluctuations) related to the Great Recession, sovereign debt crises, and their related impact on international trade,” said Loren Loverde, Vice ...

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Lenovo Group today announced their record financial results for its Q3 ended December 31, 2013. The quarterly revenue was US$10.8 billion, a 15 percent increase year-over-year, passing the US$10 billion milestone for the first time ever. Despite the slow down in the PC industry, Lenovo has shown strong growth in the PC segment. It continued to expand lead as number one PC maker with 18.5% market share. Lenovo’s PC shipments for the third fiscal quarter were 15.3 million units. This is a great example for other Windows OEMs who blames Windows for their declining sales. Strong product portfolio and great execution will drive growth as you can see from the Lenovo’s results. From Lenovo’s press release, For the third straight quarter, Lenovo was the world’s largest PC vendor*, with its highest-ever quarterly market share of 18.5 percent, up 2.4 points year-over-year. Record high share in EMEA, Asia Pacific and China ...

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