Lenovo sales: 55 million PCs, 50 million smartphones - and nine million tablets

Lenovo sales: 55 million PCs, 50 million smartphones - and nine million tablets

Summary: The world's biggest PC maker has shown there may be life in the desktop market yet.

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Lenovo's Thinkpad 10. Image: Lenovo

The world's largest PC maker Lenovo said it sold 55 million PCs, 50 million smartphones and 9.2 million tablets in the year to the end of March.

On Tuesday, the company reported full-year revenues of $38.7bn, up 14 percent, and net profit of $817m, up 29 percent.

Lenovo said it now accounts for 17.7 percent of the global PC market after adding 2.1 points of market share over the year, representing five percent year-on-year growth (compared to an overall industry decline of eight percent during the same period).

The company also said that for the last four quarters it has sold more tablets and smartphones than PCs. It is currently in the process of acquiring Motorola Mobility from Google in order to further its efforts in the smartphone market as the traditional PC market continues to decline.

By geography, China accounted for 33 percent of Lenovo's total worldwide sales, but in the fourth quarter, Lenovo's total EMEA revenue surpassed its China PC revenue — the first time that's happened. Lenovo's US PC business now accounts for 21 percent of its total worldwide sales; in the US, during the fourth quarter, Lenovo overtook Apple in terms of PC shipments to become the third largest PC maker in the country with a 10.8 percent market share.

Looking at the numbers by product line, Lenovo's worldwide laptop PC business increased in the fourth fiscal quarter by 16 percent to $4.8bn, accounting for 51 percent of the company's overall sales. Despite the general market declining, its desktop PC sales for the same period increased 14 percent to $2.7bn, or 29 percent of the company's overall sales worldwide. The company's sales of smartphones and digital home products jumped to $1.3bn, or 13 percent of the company’s overall sales, and Lenovo said its worldwide smartphone shipments grew 59.4 percent in the fourth quarter.

Read more on Lenovo

Topics: PCs, Lenovo, Mobile OS, Tablets

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6 comments
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  • per device

    Total devices sold 114 M. Net profit $817M. Profit per device $7.
    Ouch.
    ForeverSPb
  • Lenovo sales of PCs, smartphones and tablets

    "The world's largest PC maker Lenovo said it sold 55 million PCs, 50 million smartphones and 9.2 million tablets in the year to the end of March."

    How does that square with this:

    "The company also said that for the last four quarters it has sold more tablets and smartphones than PCs." ?

    I realize that in the first quote you were talking about the recent quarter and in the other you were talking about "the last four quarters" but does this mean Lenovo tablets have drastically declined as a percentage of total sales in 2014?

    That would be a story!
    denwilgor
    • A bit of misunderstanding

      The first quote is how many devices they sold the entire year.

      The second quotes is saying, the total amount of tablets and smartphones sold each quarter has exceeded the PC sales. They sold an average of 13.75 million PCs, each quarter, compared to the combined 14.8M tablets and smartphones.
      WixosTrix
  • Actually...

    Lenovo is doing so well, because the competitors suck so bad! I'm willing to try them on my next purchase, just because I'm desperate to get rid of every other brand name that has dumped on me and my clients! Maybe Lenovo will be an improvement - we shall see!
    JCitizen
  • Lenovo?

    I have 2 Lenovo computers that I have bought over the past 3 years. One is a desktop with an i7 processor and 8 gig of ram, and the laptop is also an i7 with 6 gig of ram. They are running as good today as the day that I bought them, but they have lots more software on them since then. I keep them cleaned up with CCleaner and since I still have a mechanical hard drive on them, use Smart Defrag to keep the fragmentation down. I also do registry cleaning every month or so. It is in better shape in it's life cycle than any other computer that I have ever owned. I would not hesitate to buy another Lenovo someday in the future if it has a user friendly Windows O/S. My Android purchases will likely be Samsung models.
    rgeiken@...
    • Wipe and reinstall is my standard practice

      I haven't had to do it much anymore since more computers are coming with less crapware, but whenever I was aware of or my family and friends new computers, I would immediately wipe them, reinstall a fresh copy of Windows and add back any OEM software necessary. The systems always ran better and they had less issues and frustration.
      WixosTrix