Lenovo CEO says Apple won’t be able to govern the tablet market forever

Lenovo CEO says Apple won’t be able to govern the tablet market forever
Greater China is an important battlefield for tablet makers just because of its billion or so possible adopters, but it’s also home of Lenovo and that’s why the company was particularly bitter after being overtaken by Apple in terms of pure revenue. Yang Yanquing, chief executive of Lenovo, didn’t accept the news well claiming that the comparison with Cupertino is not “apples to apples.” Apple sales in Greater China which includes Hong Kong and Taiwan amounted to $3.8 billion in the latest quarter eclipsing Lenovo sales which could only grow by 23.4 % on the year to reach $2.8 billion.

While the CEO accepted the over 70% domination in market share of the iPad, he explained his view about a more diversified market in the future:

“Apple is very strong, but when IBM created the PC market there was just IBM, if you look at the PC industry now it is very diversified. I believe that will happen in tablets as well.”

Yang pointed out that the main reason behind this is that Apple doesn’t cover every niche of the tablet market as it only covers the top tier with its products:

“With a $500 price you cannot go to the small cities, townships, low salary class, low income class. I don’t want to say we want to significantly lower the price, rather our strategy is to provide more categories, to cover different market segments,” he added.

The Chinese company recently launched a duo of Android tablets - the business-oriented Lenovo ThinkPad Tablet and consumer-friendly IdeaPad K1. The IdeaPad was greeted with a lukewarm reception at best, but Lenovo expects to become one of the “strongest of the players in this area.”

source: Financial Times via AllThingsD

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1. android_hitman unregistered

he is right but he doesn't know that people will sell kidnies and overcharge a credit card just for an ipad .. so .. in my opinnion APPLE will rule the tablet world for a long time ... (if USA is generating another world crysis than apple will bankrupt => no more no.1 on tablet :) )

2. Ahsan Ahmed unregistered

Middle range people can't buy apple products and thats true.

3. Yasijadoon unregistered

lenovo ceo is right,now a days android is growing faster and faster.and android devices are cheaper than apple devices.

4. remixfa

Posts: 14605; Member since: Dec 19, 2008

apple.. where you get a lot less.. for a lot more!

7. bigboy029

Posts: 74; Member since: Jan 03, 2011

Ya... ipad is about the same price ($500) as any other "higher end" tablet you can purchase right now (Galaxy, Xoom, playbook, etc.) And less? are you talking about flash support? I would much rather buy a high quality tablet that does what I need and that I know will function well than have flash support.

8. aremis unregistered

Compare the iPad to the Asus Transformer. The Tranformer is 399 for 16GB compared to the 499 of the 16GB iPad. It has a longer battery life than any tablet reviewed lately. It also has expandable memory so you do not have to buy another tablet to increase memory like on the iPad. I agree that the Flash support is overplayed and I'm not saying the iPad is a bad device at all. Just saying that in some cases you do pay more for less. But the fact is that a lot of Apple fans know this but they just prefer the Apple product, which is fine. My wife wants a MacBook Pro even though she knows that she can get a comparable Windows PC for almost half the price. Nothing wrong with it in my opinion, she just prefers the MacBook. So, yes you do get less for more when purchasing an Apple product. A 1200 Sony Vaio has twice the memory and twice the hard drive space than a comparable MacBook Pro. Plus the Vaio has an i7 compared to an i5 in the MacBook and generally has more dedicated graphics memory than the MacBook. You are simply paying for the name. No different than buying a pair of designer jeans for 100 bucks than buying a pair of Levis for 30 bucks, chances are the Levis are better quality and will last longer, but they are not designer.

9. remixfa

Posts: 14605; Member since: Dec 19, 2008

those "higher end" android tablets come with more functionality, more connection options, many have upgradable memory, 4g, and all the benefits of googles OS and its massive increase in features over iOS. the ipad is a supersized ipod and nothing more and if you do anything on the web other than read the news through a RSS feeder, flash is very important.. My college went and bought a ton of ipads for students to do online work with... then they realized after they got them that the ipad doesnt do flash (apparently no one thought to ask), and couldnt use the ipads for crap. Too much online uses flash... especially if u need it for a media environment or school environment. those ipads now sit gathering dust because 90% of what they were supposed to be used for was flash based. If you dont think flash is necessary you have blinders on :)

5. xenover

Posts: 174; Member since: May 27, 2011

Even if I had a million dollars I'd never buy an Apple product. After seeing how big of a sh*thead Apple is I despise their products, not because they are bad but because Apple is too arrogant and full of himself.

6. gallitoking

Posts: 4721; Member since: May 17, 2011

jajajjaaj this guy is hilarious, my message...... get in line to dethrone Apple... HP just failed.... next???

11. InspectorGadget80 unregistered

So true!

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