Lenovo has dethroned HP as the number one PC seller in the world in Q3 of 2012 reports Gartner. Lenovo shipped 13,767,976 units gaining 15.7 percent of the market, while HP managed 13,550,761 units gaining 15.5 percent of the market. However, this change of guard comes during a time when HP is restructuring its business, so it is not surprising that the once dominant PC Company has lost its crown. But the bigger story out here is that PC shipments on the whole are down by 8.3 percent globally when compared with Q3 of 2011.
The Gartner report highlights that with the impeding launch of Windows 8, retailers have been conservative in placing orders further accentuated by weak back-to-school sales. Retailers were more focused on clearing their inventories in the month of September, in the wake of new Windows 8 centric hardware that would launch.
On the business side of things, the report says that since businesses will not be adopting Windows 8 instantaneously, shipments on that side of the widget are also expected to be low.
For the Asia/Pacific region in particular 31.3 million units were shipped, but this was also a decline of 5.3 percent from Q3 in 2011. Government initiatives in India and China were in place to drive PC sales, but the general market weakness offset the advantages of these initiatives.