New Report Shows Tablet Competition to Challenge HP's Position as Market Leader

   New Report Shows Tablet Competition to Challenge HP's Position as Market

  PR Newswire

  NEW YORK, January 18, 2013

NEW YORK, January 18, 2013 /PRNewswire/ --

With a global economic crisis that has been plaguing the stock market, Hewlett
Packard continues to be the market leader in the PC industry, but with tablets
entering the picture can it maintain the status quo?

Hailed as the leading company for worldwide PC shipments during the fourth
quarter, Hewlett Packard (NYSE: HPQ) [ Full Research Report ] ^(1) While sales
have been particularly sluggish, HP has beaten Lenovo and Dell, its closest
competitors in the market, by garnering 16.7% of the global market share
during the Q4 of 2012. In a report by IDC, HP has also beaten Apple's Mac
which was reported to be relatively successful in the US market during the Q4
of 2012.

While investors continue to have uncertainties towards the industry and its
market leader, HP is under a five-year process to "reinvent" the brand and to
create innovative products that are most inclined to modern technology. "There
is a ton of innovation in all of our R&D labs," said HP CEO Meg Whitman.

HP's turnaround plan may actually be of great help to the company by 2016, but
the surging trend of tablets may dethrone the company from its seat, and may
affect the overall PC market. From an underweight market status to neutral, HP
needs to cope with its vulnerability. Being the king of the industry is no
reason for its executives to procrastinate as the competition heats up.

IDC reported that HP posted a first year-over-year growth throughout 2012 in
Asia. HP's performance in the Pacific is slightly lower than the regional
forecast, but better than the overall market. The region is an excellent key
player for HP to focus on as they make more investments on research and
development. Asia is probably the best performing region, with more performers
than decliners that are somewhat resilient to EU and US economies.

Investors are quite bullish about the company today as its shares rallied by
0.68 points or 4.11% to close at $17.21 per share, as of this writing. After
its shares declined by 35% over the past 12 months, HP's shares advanced after
it was reported that there are potential buyers for the company's Autonomy and
EDS units. This came after HP announced the potential disposal off assets that
are not significantly contributing to the company's objectives to remain an
industry leader.

Reference Links:

^(1) The Full Research Report on Hewlett Packard - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [ ]

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