Market data firm International Data Corp. confirmed late Monday that Dell overtook HP Inc. as the market-share leader in the dwindling U.S. PC market, while Lenovo managed to hold onto its lead worldwide. IDC said that worldwide PC shipments for the first quarter declined 11.5% to 60.6 million units from a year ago, and by 5.8% to 13.6 million units in the U.S. Worldwide, Lenovo held onto the lead with 20.1% market share, followed by HP (19.2%) and Dell (14.9%). In the U.S., Dell overtook HP as the market-share leader, 25.6% vs 25.3%, while Lenovo held 14.1% of market share. Earlier, Gartner had reported similar figures with Dell overtaking HP in the U.S.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News