The leader of the world’s largest PC manufacturer put a happy face on reports that PC sales continue to plunge as businesses move away from bulk purchases of desktop machines.

According to the Gartner research firm, PC makers shipped some 71.7 million computers in the first quarter, down 5.2 percent from a year earlier. A second research firm, the International Data Corp., used different methods to estimate a decline of 6.7 percent. By IDC’s count, PC makers shipped 68.5 million PCs in the quarter – the lowest quarterly number in six years, according to senior researcher Jay Chou.

Those numbers don’t phase Yang Yuanqing, chairman and CEO of Lenovo.

“Given industry consolidation, Lenovo’s consistent focus on innovation and delivering award-winning PCs, and our ongoing momentum, we are confident that PCs will continue to be a great engine of strong, profitable growth,” Yuanqing said in a statement issued after the sales report.

“This quarter and for the last two consecutive years, Lenovo again maintained the No. 1 position in the worldwide PC market by demonstrating outstanding innovation in the PC product line. We are proud that we achieved industry-leading worldwide share of 19.6 percent, highlighted by record market share in the U.S of 11.8 percent, up 1.1 pts. year-over-year.”