2013/2014 Q3 results: Lenovo confirms its strong growth in PC, Smartphones and Tablets market.
Connectikpeople.co praises
this new quarter of records in terms of profit and revenue.
Connectikpeople.co praises the overall efforts
of this Chinese company, following the acquisition of
Meaning the company is now
ready to conquer the worldwide market.
The strategy around Motorola
acquisition aims to be clear:
·
Achieve
significant material savings from lower material costs, and global scaling
·
Reduce E/R with
our global scale
·
Richer, more
innovative products through iconic Motorola brand
·
Expand Motorola products to customers in
Emerging markets, and China.
Now let us talk about keys results, to observe that:
The company has generated:
·
Revenue of $10.8 billion, up 15% YTY
·
Net Profit of $265 million, up 30% YTY
·
Tablet sales volume WW grew 326% YTY to volume almost 3.4 million units
·
WW Market share
of 4.3%; strong growth in every Geo; Yoga tablet was star product
·
Smartphone sales WW grew 47% YTY driven by hypergrowth in Asia Pacific
and EMEA
·
Sold 2 million
units (Smartphone) outside China
for first time
·
WW volume of
13.9 M.
Congrats Lenovo!