Published On: Fri, Jan 23rd, 2015

Michael Dell: Reports of PC’s Death Greatly Exaggerated

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Some people have interpreted the rise of smartphones and tablets as signaling the demise of personal computers, but the PC market remains strong and continues to grow, according to two industry executives.

In an interview with CNBC, Dell CEO Michael Dell said his company is growing at a steady pace.

“We’ve had eight quarters in a row of gaining [market] share in PCs, ” Dell said on the “Squawk Box” program. “We did gain more share than the other top two competitors both worldwide and in the United States, the largest country market in the world.”

Dell added his decision to privatize the company has been a contributing factor to its recent growth, according to CNBC. “Being a private company is great, ” he said. “We’re able to focus on medium to long-term [goals] and we’re focused on our customers.”

The computer manufacturer was privatized in October 2013 following numerous hits to its PC business. Dell also said he believes the company’s growth can continue by piggybacking on a current PC replacement wave, CNBC said.

“There are about 1.8 billion PCs in the world, and about 35 percent are more than 4 years old, ” Dell said during the interview. “What happens is every so often we come out with a new one that’s interesting enough that the customer says, ‘I’ve got to have that one.'”

Earlier, Gerry Smith, president of Lenovo Group’s Americas division, also said the PC market is strong, CNBC said. “The last five years everyone’s been saying the PC is dead, but the PC keeps powering on, ” Smith told the broadcaster. “It’s a 300 million unit market, [and] a $200 billion market.”

Smith said he expects to see flat-to-positive growth in the PC market in the near future, according to CNBC. “The tablet market was supposed to be the demise of the PC market, ” he said. “But tablet sales have actually slowed down.”

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