Lenovo sells a record four devices per second as phone and tablet demand soars

7 Nov

Lenovo sells a record four devices per second, doubles the size of its nonPC business

In stark contrast to Dell, with its corporate upheavals and hygiene issues, Lenovo’s business is still booming. The company sold a record 29 million devices last quarter and saw double-digit rises in revenue and profit — a level of growth that almost makes it seem like it has stepped out of the stagnant PC market and into something illegal. What’s actually happening, however, is healthy and continuing diversification: unit sales of smartphones and tablets overtook PCs back in the summer, and now, when combined with smart TVs, account for 15 percent of Lenovo’s revenue — versus eight percent a year ago and just four percent the year before that. With the company’s regular PC trade also in good shape, snatching nearly an 18 percent slice of that traditional market, it’s perhaps a shame that the company has reportedly been prevented from expanding even faster.

Source: http://www.engadget.com/2013/11/07/lenovo-reports-record-sales/?ncid=rss_truncated
Similar Articles: lunar eclipse   bob costas   washington post   sports illustrated   Sunny Ozell  


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: