Consumer Electronics
Lenovo: The Luck Of Staying Out Of The US (HPQ)(DELL)
Published:
Lenovo, one of the two large Asian PC companies with Acer, will report earnings that are likely to double for the latest reported quarter. That probably won’t happen at HP (HPQ) or Dell (DELL). Lenovo has been pushing to get into the big US market, but the domestic computer companies still have almost all of the market share here.
How fortunate for Lenovo that it has failed to get very far into America. PC sales here are stagnating because of a slow economy and modest corporate IT outlays. In the meantime, sales for similar products in Asia are booming. Lenovo is the No1. PC company in China based on market share.
Lenovo did not get what it wanted when it failed to crack the US market. What it did get was lucky.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
