S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Consumer Electronics

Dell Struggles to Stay in Third Place

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Dell (NYSE: DELL) has held the number two spot in the world’s PC market share ranks for years. It has been just behind Hewlett-Packard (NYSE: HPQ), which is still trying to decide what to do with its PC division. Dell’s days in second place are ending, though, and that raises the question of whether it can even hold the third spot. Lenovo, of China, has overrun Dell to settle in behind HP.

Gartner and International Data announced that in the third quarter HP had 17.7% of the global market. Lenovo had 13.5% to Dell’s 11.6%. Acer followed with 10.6%, although its share fell from the third quarter of last year.

Michael Dell said he does not mind the third place position. He is whistling past the graveyard. His profit margins may be better than Lenovo’s now, but that will not matter at some point if his market share drops too low.

The PC business has become a struggle among companies that build machines that are losing their relevance. Tablets and smartphones are replacing the laptop and desktop, as mobile processors and connection speeds increase. Dell has no position in these markets and there are no signs that it will.

Dell is now the third place company in any industry that has lost its way.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Jon C. Ogg |

Lenovo and NEC Talks: More PC Consolidation (DELL, HPQ, ACEIF, LNVGY, NIPNF, IBM)

That the PC market is shrinking is no longer news. Mobile devices such as smartphones and tablets are cutting into…

Douglas A. McIntyre |

Dell May Never Recover: Q1 PC Sales

Growth in PC sales during the first quarter was pretty good. IDC says that the global market grew 10.9%, better…

Douglas A. McIntyre |

Lenovo Becomes World’s Most Successful PC Company

As Hewlett-Packard and Dell have struggled as personal computer businesses besieged by the success of tablets and smartphones, China-based Lenovo…

Paul Ausick |

What Does Intel’s Outlook Mean for PC Makers? (INTC, DELL, HPQ, AAPL, GOOG)

For the sixth straight quarter, Intel Corp. (NASDAQ: INTC) has posted record sales, partly due to a 22% increase in…

Lenovo, HP Control Q1 Global PC Sales
Douglas A. McIntyre |

Lenovo, HP Control Q1 Global PC Sales

Global PC sales dropped in the first quarter. Even though the market shrank, the laptop, smartphone and tablet businesses did…

Douglas A. McIntyre |

Dell Takes 14% of Global PC Market

As Dell grabs at EMC to bolster its presence in enterprise computing, it holds 14% of the global personal computer…

Paul Ausick |

Lenovo Seeks Larger Share of Smartphone Market

ThinkstockChina’s Lenovo Group has been looking for a way into the smartphone market at least since early this year, when…

Douglas A. McIntyre |

Nine Companies That Destroyed Their Largest Competitors

Most companies want to be number one in their markets. Once there, however, they have trouble keeping the top spot…

Douglas A. McIntyre |

With Rise in Lenovo, Dell and HP Face Unstoppable Challenge

ThinkstockAnyone who doubted that the race for global personal computer (PC) supremacy has shifted outside the United States only needs…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820