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May 23, 2014

Lenovo outperforms Apple in the US

Well it seems that the efforts that Lenovo has put in in the recent months are starting to pay off as they end their fiscal year in a positive note thanks to their strong 4th fiscal quarter outing. Also, because of their stellar Q4 performance, Lenovo managed to dethrone Apple from the third spot (in the US) in terms of PC shipment in that quarter.

Despite of the predicted decline in the global PC sales, Lenovo defied the odds and was able to push 55 million PCs worldwide over the course of the whole fiscal year. This led to a 2.1 points increase in their global PC market share, now pegged at a record-high 17.7%, which represents a 5% year-over-year growth.

But the success the company had on the PC business is just the tip of the iceberg. As indicated on their press release, Lenovo also had a pretty respectable performance both in the smartphone and tablet division which, in large measure, helped catapult their annual revenue (USD38.7 billion), full year pre-tax income (USD1.01 billion) and full year earnings (USD817 million) to new heights.

Lenovo Vibe Z

According to their data, the company managed to ship 50 million smartphones and approximately 9.2 million tablets in the span of one fiscal year. In the fourth fiscal quarter alone, Lenovo claims that they’ve “outpaced the worldwide market by 28%” due to the 59.4% upsurge in their overall smartphone shipment.

Lenovo’s solid fiscal year performance solidifies their place among the key players in the PC and mobile devices divisions, not only in America, but around the world. The key now is for them is to continue putting pressure on their rivals and show them that this kind of remarkable performance is not just a one-time thing.

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9 Responses to “Lenovo outperforms Apple in the US”

  1. great_slayer312 says:

    Ayon sa mga nakakausap kong mga kaibigan. Maganda ang Lenovo, matibay at okay ang mga products nila. para ka na ring nag-IBM pag bumili ka ng lenovo.

    • Windows iDroid says:

      Para sakin nga ito lang pinaka pinagkakatiwalaan kong chinese brand eh, kahit sabihin pa ng iba na “di ba chinese brand yan?”.

    • Ruth says:

      Yes, the most durable and stylish brand today :)

  2. Eize says:

    Looks like I know what to replace my iPod and cellphone with in the future.

  3. Hen-Sheen says:

    I will give this company a chance by buying their products in the near future.

  4. cakkes says:

    Remember its now Motonovo!

  5. jm says:

    lenovo is good chinese brand. even their laptops. no. 1 laptop maker.

  6. Easy E says:

    Yung Lenovo laptop ng kakilala ko (7yrs old na) ay dumaan na sa 6ft-drop, natapunan na ng kape at tubig sa magkakaibang pagkakataon. Ayun buhay na buhay pa rin.

  7. fandroid says:

    Bilang na araw ng android. Ang choice nila ay magbayad ang royalty sa Oracle o iopen and code ng Android sa public, kasi yan ang kundisyon sa paggamit ng Java code. Hindi na maiging proprietary paggamit ng google apps.

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This article was written by Ronnie Bulaong, a special features contributor and correspondent for YugaTech. Follow him on Twitter @turonbulaong.

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