There was no shortage of media coverage last week as Apple officially passed Lenovo in revenue by hitting $3.8 billion on Lenovo’s home turf of greater China (thanks largely in part to the iPhone and iPad).

However, according to a report from the FinancialTimes, Lenovo CEO Yang Yuanquing doesn’t want to believe the numbers claiming the comparison is unfair. His reasoning? Basically, Lenovo’s phone business doesn’t make as much money as Apple’s…

“Lenovo’s main focus is in PCs; our phone business isn’t that strong even in China,” Yuanquing continued, “If you compare the PC business we still have a lead far ahead of any of our competitors.”

So he isn’t exactly denying the numbers, but rather saying the calculations aren’t fair because Apple continues to dominate the smartphone market. How’s that for a reason?

What about tablets? Apple of course has Lenovo beat when it comes to tablet sales as well, although Yang does have plans for Lenovo to “be one of the strongest of the players” in that market, too. Specifically, it appears they plan to target the bottom-tier, low-priced tablet market, where apparently Apple’s $500 iPad can’t compete.

Yang explains:

“Apple only covers the top tier,” he says. “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.”

Has Lenovo learned nothing from HP’s TouchPad? With other companies already having a tough time providing a viable alternative to the iPad at a competitive price point, that rumored second-gen Lenovo LePad tablet better have some pretty decent specs to even stand a chance against any generation of iPad in the US. While Yang may have a point about lower class markets, perhaps someone should tell him about those refurbished iPads going for $399…

What do you think of Yang’s take on Apple’s market lead being fueled by mobile products? Does it make a difference?

There has been much controversy over whether or not tablets (especially iPad) should be included in industry stats related to PCs, specifically laptops and notebooks.

Is it fair to compare tablets to PCs when discussing market share?

  • BLiNK

    lulz

    • Jon Garrett

      Apple owned more than 90% of the tablet market share in 2010., in 2011 it has been reduced to 60%+

      When Amazon release their tablets later this year and when the first Android quad core drops this October we can expect to see Android’s market share increase substantially as Apple’s decrease.

      ** Trust what Im telling you., there was much to learn from HP’s touchpad failure. they went from $500 tablets to $100 tablets, they sold out everywhere within hours AND HPs stock saw an increase !!

      I doubt we will see $100 Android or iOS tablets anytime soon but mark my words. a sub $300 tablet is on the horizon and it wont be a piece of junk.

  • Ryan

    On the personal computer front…he’s comparing two different products in windows pc’s and apple computers. He’s lost his damn mind if he thinks he’s ever gonna sell more tablets than apple. Possibly all android manufacturers combined, but even that is still some time away.

  • Goofygreek

    Yea, if apple really wants to dominate all classes, they will most likely come out with 2 different versions of the iPad and the iPhone. Lower level tech and higher level tech. Apple would dominate all classes like that.

    • Whats the point in making a lower class iPhone, they already sell like crazy at there current price, there would be no point in tarnishing there image of being high end. I see poor people with iPhone and other apple products, Telecommunication companies already subsidize the phone more then enough.

  • Meh

    The refurb. iPads are 299, unless there’s a typo on /that/ article. Love the blog btw.

  • Ken

    Way to go

  • Pearl

    Well, what else is he going to say: “Apple is the best, no other company can ever compare to them”? He’s gonna get fired for sure.