Lenovo statement on quarterly PC rankings

Lenovo statement on quarterly PC rankings
 
IDC and Gartner both announced today their worldwide PC market share rankings for the 1st quarter of 2016. Lenovo maintained its position as the world’s #1 PC company with 20.1 percent* market share, a position the company has held for twelve consecutive quarters.  The company continued to outgrow the market despite a challenging environment that saw significant declines in all regions. Of note, Lenovo continued to see significant gains in the U.S. market with double-digit shipment growth in each of the last four quarters, including growth in the latest quarter that approached a 27% premium to the market overall, while passing Apple to secure the #3 spot in the market.

The following statement can be attributed to Gianfranco Lanci, President and Chief Operating Officer, Lenovo:
 
“The latest quarterly results serve to confirm that our focus on our core PC business as a growth engine for the company as we continue building out our mobile and data center growth engines is a the right formula for driving future success.  We will continue to leverage industry consolidation amid continuing gains in commercial refresh driven by Windows 10 and the industry-leading innovations of our new convertible and detachable products to achieve our goal of achieving 30 percent worldwide PC market share.
 
Lenovo’s laser-like focus on the US market is now paying especially strong dividends as we defy the industry decline with double-digit shipment growth and ongoing market share gains that have elevated us to a solid #3 position, all while maintaining strong profitability.”
 
 
*IDC

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