5 Companies That Had A Rough Week

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Lenovo Loses Share In A Shrinking PC Market In Q2

The April-June quarter was a tough one for the PC industry in general and for PC vendor Lenovo in particular, according to shipment numbers released by research firm Gartner.

Gartner calculated that worldwide PC shipments in the second quarter totaled 61.1 million units, down 4.3 percent from more than 63.9 million units in the same quarter last year.

The quarter was especially tough for Lenovo, the No. 2 company in the PC industry, which saw its shipments decline 8.4 percent year over year to 12.2 million units. The company's overall market share was 19.9 percent in the quarter, down from 20.8 percent one year before.

The quarter wasn't a bust for everyone, though. Market leader HP Inc. shipped 12.7 million units, up 3.3 percent year over year, and increased its overall market share to 20.8 percent from 19.2 percent. No. 3 Dell, meanwhile, grew its unit shipments by 1.4 percent year over year to 9.6 million units and increased its overall market share to 15.6 percent from 14.7 percent.

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