HP CEO: We Will Defend No. 1 PC Market Share vs. Lenovo

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http://www.thevarguy.com – Hewlett-Packard (NYSE: HPQ) will not bow to Lenovo in the PC market. That’s the message from HP CEO Meg Whitman this evening. During an earnings call, Whitman said HP is determined to “defend our Number One position in this business.” Whitman didn’t mention Lenovo by name, but she conceded  HP is “under attack by some very strong competitive pressures, and we’re going to respond.” Here’s how. First, the facts: HP’s Personal Systems Group (PSG) revenue fell 10 percent in Q3 2012 vs. Q3 2011. HP said business PC sales fell 9 percent; consum (IT news)