The Lenovo Vibe X smartphone.
Lenovo’s salary jumped with the aid of 36 % last quarter thanks to rising sales of its cell phones and pills.
Revenue for the quarter ended September 30 came in at $220 million, while income rose by using thirteen % to $ninety eight.8 billion. Smartphone shipments grew with the aid of 78 percent from the prior 12 months, whereas tablet shipments hit a document excessive of 2.three million.
Computer gross sales for Lenovo also had been wholesome regardless of a general gradual market. Laptops accounted for 51 % of Lenovo’s whole income. Laptop pc shipments inched up just one p.c, but that beat the industry’s decline of 6 %.
“Lenovo no longer handiest remains the top computer company on this planet, however can be already the quantity four player in each smartphones and capsules worldwide and continues growing abruptly,” CEO Yang Yeaning stated in a commentary. “At the same time, we’ve achieved file income and file profit, and greater profitability significantly.”
The company shipped 14.1 million computer systems closing quarter, giving it a file market share of 17.7 percent, in line with stats from Gartner and IDC. These numbers made Lenovo the fastest rising vendor of the top 5 laptop players and marked the 18th quarter in a row that it outperformed its competitors.
Related More Articles :
- Lenovo faces regulatory obstacles in potential Blackberry bid
- Motorola Droid Ultra, Droid Mini and Droid Maxx smartphones launched in the US
- Intex Aqua N2 budget smartphone with Android 4.2 launched at Rs. 6,990
- Lenovo expands its range of Intel Haswell-powered ThinkPad notebooks
- Samsung, Apple working on devices with 12-inch and above screen size
To achieve all of those outcomes, Lenovo offered a report 29 million units all over the quarter, averaging around 4 per 2nd.
Lenovo’s thirteen-inch Idea Pad Yoga.