HP Retakes Top Spot From Lenovo as PC Shipments Decline
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Hewlett Packard Co. probably sacrificed profit margin to win market share in the fourth quarter, when it retook its spot as the top personal-computer maker from Lenovo Group Ltd., Gartner Inc. said.
While Lenovo’s sales growth of 8.2 percent from a year earlier was the fastest of the top five computer makers, Hewlett Packard’s dominance in professional PCs helped it retake top spot, market researcher Gartner said in a report yesterday. Hewlett-Packard shipped 16.2 percent of PCs last quarter compared with 15.5 percent a year earlier.