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iPad Lifts Apple To World's Third Largest PC Maker

Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.

Lenovo and NEC in Japanese joint venture to sell PCs

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Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rivals such as Hewlett-Packard and Dell.

Tablet boom boosts PC market in Q4: Canalys

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Consumers picking up tablet computers, or pads, during the holiday season boosted the personal computer market 19.2 percent in the fourth quarter, research firm Canalys said on Wednesday.
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Lenovo sets expectations for tablet market

Lenovo Group Ltd, which is making a concerted push into tablets, said it expects the devices to see good growth but still eventually only make up a fraction of the broader personal computer market.
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Acer sees big growth in China, tablet market

Acer, the world's No.2 PC vendor, expects its China operations to make up more than 20 percent of its total sales in five years, helped by new tablet PCs and an alliance with China's Founder Technology.
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Lenovo eyes rising margins on appreciating yuan

Lenovo, the world's No. 4 PC maker, expects its operating profit margin to trend upwards, helped by easing component shortages and an appreciating Chinese currency, its CFO said on Monday at the Reuters China Investment Summit.
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Lenovo plans Android tablet PC in growth push

Lenovo Group, the world's No.4 PC brand, said it will roll out its own tablet PC, becoming the latest technology company to jump on the bandwagon for computers styled after Apple Inc's popular iPad.
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IBM contracts and revenue disappoint

IBM disappointed investors by reporting a decline in new technology services contracts in the second quarter, while a weaker euro hit revenue more than expected, sending its shares down more than 4 percent.
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Tech shares rally on Intel earnings

The shares of chip and PC makers jumped on Wednesday on strong results from global technology bellwether Intel Corp , pointing to potential upside for the sectors in quarterly reports due in coming weeks.
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Intel sets bright tone for earnings

Resilient demand for PCs and servers helped Intel Corp's margin and revenue forecasts blast past Wall Street expectations, allaying fears of a technology spending slowdown and sending its shares up nearly 8 percent.
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Factbox: Winners and losers from a firmer yuan

China's signal it will let its yuan currency appreciate is good news for global manufacturers and resource companies that supply the world's third-biggest economy with the equipment and commodities it needs to fuel growth.
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IBM aims to double profit

IBM forecast roughly doubling its profit by 2015 as it pushes further into emerging markets and lucrative services and software businesses, sending its shares up over 4 percent and boosting investor confidence in the tech sector.
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Lenovo looks to mobile Internet for growth

Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
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Lenovo eyes rapid mobile Internet growth

Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
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PC sales surge in Q1, helped by business demand

Global personal computer shipments rose sharply in the first quarter, according to industry estimates released on Wednesday, as businesses finally began to spend again on technology equipment.
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Smartphone maker Palm seeking a buyer: report

Smartphone maker Palm Inc , which has not turned a profit in its battles with rivals Apple and RIM, has begun seeking offers for the firm, Bloomberg said, citing three people familiar with the situation.

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