The shift, Moorhead said, came down to HP making several strong moves and Lenovo not maintaining its momentum.
"First, HP launched a compelling assortment of products for the spring refresh, which was leveraged into the holiday selling cycle," he added. "Secondly, HP stuck to the fundamentals, which were to offer a broad lineup at the right prices with the right market development funds, across the board in all regions."
And that leaves Lenovo in a position to make another push for the top spot.
"Lenovo is in a precarious position in that many thought they would have the number one spot now, but they do not," said Moorhead. "Their latest products launched at CES are a step up, but to drive to the number one spot, Lenovo needs to continue their emerging region march, but they also need to find a way to penetrate U.S. retail in some meaningful way."
Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at @sgaudin, on Google+ or subscribe to Sharon's RSS feed. Her email address is firstname.lastname@example.org.
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