IDC: Q1 Worldwide PC Shipments Down 4.4%; Lenovo Tops In Market Share

(RTTNews) - International Data Corporation (IDC), a global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, reported that worldwide PC shipments totaled 73.4 million units in the first quarter of 2014, a decline of 4.4% year-on-year.

"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 President, Worldwide PC Trackers.

Lenovo (LNVGF.PK, LNVGY.PK) preserved its lead in total worldwide PC shipments despite a seasonal drop due to the Chinese New Year, IDC stated. Growth in other regions continued at a solid pace although Latin America slowed after a dramatic expansion over the past year. Shipments totaled 12.962 million units; up 10.5% from prior year. Market share for the company was 17.7% during the quarter.

HP remained in the number 2 position, with a market share of 17.1%. PC shipments rose 4.7% year on year, the company's highest growth in more than two years. Strong results in EMEA had the largest impact on HP's results, although growth in the U.S. and Canada also improved notably, IDC said.

Dell grew 9.3% in the first quarter, the third consecutive quarter of positive year-on-year growth. The company's marketshare was 13.4% during the quarter.