Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release.
Atlanta, GA (PRWEB) April 13, 2013
Lenovo continues to do strong business as the computer space in general weakens according to this story from BusinessWeek. It also says how Lenovo is closing in on both HP and Dell.
Tech analyst Jeff Kagan offers comment on this story.
“We have seen the PC industry rapidly change during the last few years. It seems as smartphones and tablet computers are suddenly growing, the traditional desktop and laptop business is slowing. Lenovo however seems to be bucking that trend and holding their own. People have not stopped buying computers, however they are buying fewer of them right now, and they are being more selective of where they buy. Some companies are winning and some are losing. Lenovo is one of the winners right now.” Says Principal analyst Jeff Kagan.
According to this Business Week story it seems Lenovo is the only company still doing well in this segment. It is gaining share as others like HP and Dell are losing share. So this may not be the best time for companies like Hewlett-Packard and Dell to try and reinvent themselves.
“In industry wide first quarter PC shipments, Lenovo seems to have been the sole bright spot. New computer sales continue to slump, and the new Microsoft Windows 8 is simply not connecting with users. That means people are continuing to delay new computer purchases, in addition to buying new tech like tablets.” Says Kagan.
“The time may be right for a company like Lenovo to win market share in this industry. They must keep their eyes on the fast moving ball and that can be a challenge. The industry is re-sizing itself. Yesterday the PC industry had two slices, desktop and notebook. Today the industry has several more slices like Tablets and smartphones, and different, smaller slices in each. Tomorrow even more slices.” According to Kagan.
“It will be interesting to watch Lenovo jump further into the smart phone segment. Will they make an acquisition or will they continue to grow on their own? That is one of the key questions. Acquisitions don’t always work out. Remember when HP acquired Palm a few short years ago? We’ll have to keep our eyes on Lenovo.” Says Kagan.
About Jeff Kagan
Jeff Kagan is an Industry Analyst who is regularly quoted by the media over 25 years.
He offers comment on wireless, telecom and tech news stories to reporters and journalists.
He is also known as a Tech Analyst, Wireless Analyst, Telecom Analyst and Principal Analyst depending on the focus of the story.
He follows wireless, telecom, Internet, cable television and IPTV. He also follows the wider and more general consumer electronics and technology space.
Visit his website: at jeffKAGAN.com to learn more and for disclosures.
Reporters: Jeff Kagan sends comments by email to reporters and the media. If you would like to be added to this email list please send request by email.
Clients: Call or email Jeff Kagan to discuss becoming a client. Kagan has worked with many companies over 25 years as consulting clients.
Contact: Jeff Kagan by email at jeff(at)jeffKAGAN(dot)com or by phone at 770-579-5810.
Kagan is an analyst, consultant, columnist and speaker.