Lenovo defies the rest of the market by continuing to grow its PC business

By Konrad Krawczyk May 22, 2014

lenovo pc market share sales growing rising yoga 2 pro images3 — Image used with permission by copyright holder

“Dead, shmed,” Lenovo seems to be saying when it comes to all the “PC is dead” talk. Don’t believe us? Just check out how they’ve been doing in that department lately.

During the first quarter of this year, which concluded in March, Lenovo states that it sold 55 million PCs, and upped their share of the worldwide PC market to 17.7 percent. That’s an increase of 2.1 percent, the firm says.

It also reportedly broke records for annual revenue, pegging that number at $38.7 billion, which is a 14 percent increase year-over-year.

It’s worth noting that this growth for Lenovo, even in the generally iffy PC market, is just a continuation of an overall trend for the company. Back in January, we reported that Lenovo shipped 14,005,093 PCs during the fourth quarter of 2012. During the same time-frame in 2013, that number rose to 14,932,408, a spike of 6.6 percent.

Though the supposed death of the PC was announced long ago, these consistent growth numbers enjoyed by Lenovo suggest that there’s some light at the end of the tunnel. Here’s what Gartner analyst Mikako Kitagawa had to say:

“Although PC shipments continued to decline in the worldwide market in the fourth quarter, we increasingly believe markets, such as the U.S., have bottomed out as the adjustment to the installed base slows.”

It’ll be interesting to see whether Lenovo can keep generating these impressive growth numbers.

What do you think? Sound off in the comments below.

Editors' Recommendations

Topics

Konrad Krawczyk

Former Digital Trends Contributor

Konrad covers desktops, laptops, tablets, sports tech and subjects in between for Digital Trends. Prior to joining DT, he…

Computing

No, it’s not a Surface: This Lenovo 2-in-1 Chromebook is $140 off

Lenovo IdeaPad Duet 5i front angled view showing display and keyboard.

The Microsoft Surface Pro 9 is an impressive piece of hardware, but it's also incredibly expensive. If you want a device with a similar form factor but at a fraction of the price, check out the Lenovo IdeaPad Duet 5 Chromebook, which is currently even cheaper at just $359 following a $140 discount from Best Buy on its original price of $499. You're going to have to be quick with your purchase if you want to take advantage of this bargain though, because we're not sure if it will still be available tomorrow.

Why you should buy the Lenovo IdeaPad Duet 5 Chromebook
A 2-in-1 laptop combines the convenience of a tablet's touchscreen and the utility of a laptop's keyboard, according to our laptop buying guide. This versatility is an important feature of the Microsoft Surface Pro 9, but you can also get it with the Lenovo IdeaPad Duet 5 Chromebook. Its keyboard cover doubles as protection for its display, which is a 13.3-inch OLED touchscreen with Full HD resolution for sharp details and lifelike colors whether you're using the device for work or for recreational purposes.

Computing

The 6 best business desktop PCs in 2024

The Dell XPS Desktop on a desk placed next to a curved monitor.

Finding the right desktop PC for your business can be a challenge. Along with navigating all the different brands, you'll need to carefully consider every piece of hardware and whether or not it'll be enough to handle your daily workflow. The worst outcome is purchasing a desktop that simply can't keep up with your needs, resulting in lowered efficiency (not to mention the frustration that comes with operating sub-par machinery).

However, with a bit of research, it's possible to find the best business desktop PC for your company. These come in a variety of shapes and sizes, but all of the are incredibly reliable, allowing you to worry about being as efficient and productive as possible without the need for constant maintenance or troubleshooting. Whether you're a freelance writer, an entrepreneur with heaps of ideas, or an established business with dozens of employees, here's a look at the best business desktop PC in 2024.

Computing

This Lenovo Tiny Workstation PC with 64GB of RAM is 42% off today

lenovo thinkstation p3 tiny workstation deal march 2024 lifestyle

If you're planning to buy a new PC from desktop computer deals, you may want to check out the space-saving Lenovo ThinkStation P3 Tiny Workstation. It may be small, but it doesn't sacrifice performance to reduce the clutter on your desk. The mini PC is also currently on sale from Lenovo at 42% off, which brings its price down to $2,099 from $3,629. You're going to miss out on the $1,530 in savings if you move slow though, so if you think this is the perfect machine for you, add it to your cart and check out as soon as possible.

Why you should buy the Lenovo ThinkStation P3 Tiny Workstation
The Lenovo ThinkStation P3 Tiny Workstation is a mini PC that can free up a lot of space on your desk, and it's also portable so you can move it around along with its peripherals and plug it into any available monitor. To make this easier, you can buy a wireless keyboard and mouse so there's fewer cables to deal with, and also to further reduce the clutter on your workstation.