Wednesday, November 2, 2011

Lenovo posts Q2 earnings, sees increase in profits, shipments and market share

Lenovo posts Q2 earnings, sees increase in profits, shipments and market share

The quarterly earnings stats just keep rolling in today - this time, from Lenovo, which has just posted yet another stellar report. According to the company, profits for the second quarter of this year reached $145 million, marking an 89 percent increase over the same period last year. Consolidated sales, meanwhile, rose by 35.8 percent to a record $7.8 billion, giving Lenovo a worldwide quarterly market share of 13.5 percent, also its highest ever. Laptops, not surprisingly, were at the forefront of this surge, accounting for 57.5 percent of the company's total revenue, with PC shipments rising 35.4 percent over the year.
Lenovo posts Q2 earnings, sees increase in profits, shipments and market share


Engadget, Lenovo posts Q2 earnings, sees increase in profits, shipments and market share

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