Big China PC company Lenovo did something that Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) won't. According to Reuters, it "beat expectations by nearly tripling quarterly earnings, riding strong demand for PCs in Asia."

Lenovo would like to get into the business of selling more PCs in the US, but it may be lucky that it does not have too much exposure here. The company gets about 40% of its revenue from China.

The news is a reminder that US PC companies may have a hard time this year. While they sell PCs overseas, they do not have a dominant position in the world's most populated country. In the US and Europe they are up against a resurgent Apple (NASDAQ: AAPL) and products from Taiwan PC company Acer.

Lenovo may do well this year. US PC companies are another matter.

Douglas A. McIntyre is an editor at 247wallst.com.

Michael Dell does not need a strategy as trite as "Dell 2.0" -- he needs a completely brand new Dell Inc. (NASDAQ: DELL) .

As Zac Bissonnette wrote earlier, Dell's model of direct selling may change soon unless the company wants to become less and less relevant. I've blogged on where Dell is headed numerous times recently, as the "direct" model that put the company on the map was giving way to changing tides in consumer demand. Although many businesses buy computer technology using direct channels, more and more consumers don't. They are increasingly preferring the "touchy and fee" experience of a retail store.

What changed?

Well, Dell used to offer the best prices on most of its computer products based on the immense cost advantages it spent decades perfecting. One of those was the costs saved by selling direct (no middleman) and lower inventories (build to order). Competitors have replicated pieces of that strategy and are as cheap as Dell now.

Add to that the design advantage Hewlett Packard Co. (NASDAQ: HPQ) has in many mainstream consumer laptops, which are more popular than desktop PCs now, and it's not hard to see why Dell has suffered. Long-standing issues with its substandard customer support have knocked Dell as well, although the company has begun showing improvements in that area.