The ad for the new iPad Pro says, “your next computer, why a computer,” pointing out that computers can be replaced by tablets or even mobile phones. However, Yang Yuanqing, chairman and CEO of Lenovo Group, gave a negative answer: not only can’t, “computers are becoming just like mobile phones, but also they’re becoming just needed for each person” As we all know, PC business is always the foundation of Lenovo, and its revenue accounts for nearly 80% of the three main businesses. In the first quarter results of fiscal year 20 / 21 just released, the turnover of Lenovo Group reached 94.6 billion yuan, a year-on-year increase of 6.7%. The pre tax profit reached 2.35 billion yuan, up 38% year on year. According to Yang Yuanqing, the decline was mainly affected by the epidemic situation. North America and Latin America, the main markets, were the hardest hit areas of the epidemic. “The two markets declined greatly in the whole quarter. But we don’t worry too much. However, it is worth noting that Lenovo’s dominant position in the PC market seems to be under threat. Three research institutions gave different answers on Q2 shipment: IDC said HP had surpassed Lenovo; Gartner said HP and Lenovo were “within a inch of each other”; canalys showed Lenovo was still ahead. However, the ever-changing external risks have always hindered Lenovo: before intel was out of stock, then there was an epidemic of factory closures, and then there was a wave of Microsoft Windows replacement PC environment, as each event changes, constantly “trembles.”. < p > < p > Lenovo has been relatively stable in recent waves. According to the financial report, despite the spread of Xinguan epidemic and the uncertain environment, the turnover of Lenovo Group in this quarter still reached 94.6 billion yuan, a year-on-year increase of 6.7%. The pre tax profit reached 2.35 billion yuan, up 38% year on year. Net profit reached 1.5 billion yuan, up 31% year on year. < p > < p > specifically, the turnover of personal computer and intelligent equipment business increased by 10.1% year-on-year, accounting for 80% of the group’s total revenue. Profit before tax increased by 27.9% year on year. Meanwhile, the pre tax profit margin further increased to 6.3% year-on-year, a record high. In an interview with sina science and technology, Yang Yuanqing said that the future growth of PC is sustainable. “Home office and home learning are the major trends in the future, and PC is becoming a tool for everyone like a mobile phone. At the same time, in addition to information consumption, PC is also a productivity tool, and it will still have considerable room for growth. “. He also pointed out that the mature market is the fastest growing PC business in this round. “We see the growth of PC in Japan, the United States, including China. In these areas, PC penetration has been very high, but due to the demand of home study and office work, PC still shows a growth trend.” < p > < p > according to the latest data from Gartner, a foreign research organization, in the statistics of PC shipment in Q2 of 2020, Lenovo is still in the top of the list, but HP, the second runner up, has a strong growth, and the gap between the two sides is already “a fraction of the difference”. < / P > < p > the data shows that Lenovo’s Q2 shipment volume reached 16.197 million units, while HP’s shipment volume was 16.165 million units. In terms of market share, the difference between the two sides is only 0.1%. However, Lenovo still has the upper hand in terms of shipping rate and market share. At present, the two companies account for almost half of the global PC shipments, reaching 49.9%, up from 46.6% in the same period last year. < / P > < p > data from IDC, another international research organization, is slightly different from Gartner. According to IDC, among the world’s major PC manufacturers, HP has surpassed Lenovo, ranking first with 25% market share, with 18.082 million units shipped, and Lenovo ranked second with 17.411 million units, with a market share of 24.1%. However, according to canalys, a data research institute, Lenovo shipped more than 20.2 million devices in Q2, up 12% year-on-year, still ranking first in the world in terms of PC share. The difference of statistical dimensions of < / P > < p > results in significant differences in the data of the three research institutions. However, both Gartner and IDC are worried about the future PC demand. They believe that in the current epidemic situation, PC shipment is mainly driven by short-term business demand. With the reopening of schools and workplaces, this growth will not last beyond 2020 in the context of the global economic recession. < p > < p > for a long time, Lenovo’s mobile business has been criticized. Although Lenovo has launched folding screen mobile phones and 5g mobile phones in succession in the past year, it seems that it has not found any obvious profit point. < p > < p > the quarterly revenue of mobile business decreased by 27% compared with the same period last year. Yang Yuanqing explained that “there is only one reason why the mobile business declined year on year in the last quarter, which is affected by the epidemic. Our main markets are North America and Latin America, but both of them are the areas with the most serious epidemic situation, and the two markets have declined greatly in the whole quarter. However, he was not worried, “the main influencing factor in the last quarter was the epidemic situation, and this quarter will be better than the last quarter. In addition, in terms of mobile business, the leading indicator of mobile phone activation rate is relatively clear. In the past few quarters, the activation rate has dropped significantly, but now it has basically recovered to the level of the same period last year. This quarter is also limited by supply, if not for supply problems, we will have a very good growth. “. < p > < p > in fact, Lenovo has previously adopted a strategy of focusing on mobile services. In short, Lenovo has avoided fierce competition and invested in countries with potential for profit growth. This has led to the reduction of business scale and the narrowing of losses. However, it has been pointed out that although Lenovo’s mobile business has shifted to the subdivided field in China, this field is not blank. Black shark, thunder snake and ASUS have already entered the competition, which is more like a competition of hardware stacking, and the demand is not obvious for now.