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Lenovo claims to have overtaken Apple in PC shipments for Q4

Lenovo claims to have overtaken Apple in PC shipments for Q4
Lenovo claims to have overtaken Apple in PC shipments for Q4
Lenovo's earnings report for the 4th fiscal quarter has them surpassing Apple with the third most PC shipments in the US.

Lenovo today released their earnings report for the fourth fiscal quarter, which ended on the 31st of May, unveiling record earnings for their "truly outstanding year". The entire year's revenues totaled $38.7 billion with a profit of $5.06 billion, both of which are 14% increases over the previous year.

When combining PC and tablet sales, Lenovo managed to move over 64 million devices, outpacing the rest of the market by 13% and improving 18% over their figures last year. The company also sold more tablets and smartphones than PCs for the 4th quarter in a row, highlighting their strong presence in the mobile market.

The company's earnings report also makes mention of Apple, claiming that they've overtaken them for the third spot in PC shipments within the United States behind HP and Dell. Interestingly, the company's Europe and Middle East revenues totaled 27% of worldwide sales, managing to surpass China revenues for the first time.

All in all, the earnings report reveals a good year and 4th quarter for the company, especially in the EMEA and US regions. In addition, the company's acquisition of Motorola should give them an even bigger presence in the United States, further improving the company's outlook

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2014 05 > Lenovo claims to have overtaken Apple in PC shipments for Q4
Author: Omar Qudsi, 2014-05-21 (Update: 2014-05-21)