Tag Archives: hpq

Google Chromebooks set to storm international markets

Already a niche success in the U.S., Google (GOOGL) Chromebooks are poised to take off internationally. Shipments of the low-cost, cloud-centric notebook computers are projected to double in 2014 over last year to 4.1 million units, ABI Research projected this week. Chromebook shipments are seen reaching 13.9 million units worldwide in 2019, ABI analyst Stephanie Van Vactor tells IBD. Most of the growth in Chromebook sales will come from Western Europe and Asia-Pacific, she says. This year, North America is seen accounting for 78.7% of Chromebook shipments, followed by Asia-Pacific at 10.9%, ABI says. In 2019, Asia-Pacific is projected to lead in Chromebook shipments with a 28.6% share, followed closely by North America (28.2%) and Western Europe (22.4%), ABI says. In the second quarter, Taiwan’s Acer led the Chromebook market with a 37% market share, ABI said. The top three vendors — Acer, Samsung and Hewlett-Packard (HPQ) — accounted for 74% of…

BlackBerry could be part of Lenovo’s ‘second-stage rocket’

As it nears completion of its purchase of Google ‘s (GOOGL) Motorola Mobility unit, China’s Lenovo reportedly is showing interest in another unloved business: faded smartphone maker BlackBerry. BlackBerry (BBRY) stock jumped 8.5% to 10.30 on a report Monday that Lenovo could make a play for the Canadian handset maker. Benzinga.com, citing an unnamed source familiar with the matter, said an offer worth $15 a share could come as early as this week, Reuters said. Similar rumors about a Lenovo acquisition of Blackberry have circulated many times over the last two years, Reuters said. Lenovo has been the world’s No. 1 PC maker since Q2 2013, building on its strong brand in China and its 2005 acquisition of IBM’s (IBM) personal computer business. In the third quarter this year, Lenovo extended its global lead to 20% market share, followed by Hewlett-Packard (HPQ) with 18.8%, research firm IDC said….

HP Stock Repurchases Resume; EMC Merger Likely Dead

Hewlett-Packard’s (HPQ) decision to resume its stock repurchase program likely means that any potential merger with software giant EMC (EMC) is now off the table. HP on Wednesday issued a press release saying that it will resume its share repurchase program after previously suspending activity “due to the possession of material non-public information,” the company said. Shebly Seyrafi, an analyst for FBN Securities, said in a research note that