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

Motorola and IBM x86 servers, and the implementation of the distinctive business
groups.
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!

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