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HP does well in PC market

by on13 October 2011

Strange that it is thinking of getting out of it

Despite the fact that HP is thinking of getting out of the hardware market, the numbers of PC shipments grew 5.3 percent in the third quarter.

According to Gartner, the maker of expensive printer ink now has a 17.7 percent share of an ailing global market, up marginally from 17.3 percent a year ago. Given what the company has been doing lately to convince users that it might be selling itself that is a pretty good figure. Wall Street had thought that a premature announcement about the potential spinoff of HP's largest division would drive customers away.

The figures also show that China's Lenovo overtook Dell to become the world's No. 2 PC maker for the first time. PC sales are dropping thanks to declining consumer spending although there are predictions that things will get better next year.

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