Print 40 comment(s) - last by Xplorer4x4.. on May 27 at 1:52 AM

Lenovo continues to defy the downward trending market with big gains year-over-year.

For the past year, Lenovo has been the king of the global PC market, displacing longtime leaders Hewlett-Packard and Dell. Lenovo is continuing its dominance for its fiscal 2014 period (which ended in March), holding on to its No. 1 global ranking. It recorded five percent year-over-year grown in PC shipments while the overall market declined by eight percent.
Lenovo also made significant inroads in the U.S. market, where HP and Dell are still in first and second place. Lenovo’s strengthened PC lineup allowed it to vault past Apple to claim the third place spot for its fiscal fourth quarter (January through March 2014).
“The record sales and profits that we delivered last year prove that Lenovo can grow and deliver its commitments, no matter the market conditions,” said Lenovo Chairman and CEO Yuanqing Yang. “Not only did we strengthen our leading position in PCs, but we gained three points in tablets by quadrupling sales volume and became the fastest growing major smartphone company in the world.”

Speaking of smartphones, Lenovo sold 50 million smartphones for fiscal 2014, enough to make it the world’s fourth largest smartphone marker – it is currently the second largest smartphone maker in China. This tally will only grow once Lenovo adds in its recent acquisition of Motorola Mobility from Google.
As for its financial performance during fiscal 2014, Lenovo saw a 14 percent increase year-over-year (YOY) in revenue to $38.7 billion, a 27 percent increase YOY in full-year pre-tax income to $1.01 billion, and a 29 percent increase in full year earnings to $817 million.
“The record sales and profits that we delivered last year prove that Lenovo can grow and deliver its commitments, no matter the market conditions,” said Lenovo in a statement.

Source: Lenovo

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: Nice...
By retrospooty on 5/21/2014 7:18:14 PM , Rating: 2
"HP has for years required you purchase hard disks in order to get OEM trays for SAS backplanes"

Dell does that too, so aggravating. On top of it they wont sell it to you. YOu literally have to go elsewhere. At least with memory I get it. They want to make sure it's certified, memory is important on a server. The hard drive tray is not.

RE: Nice...
By Manch on 5/22/2014 3:40:35 AM , Rating: 3
Would a 3D printer help in this case or does the tray have some proprietary interface for the hdd?

I know Dell used to change the pin out on their MB so you "had" to buy their proprietary PSU at double the cost of a similar one. They did this on their desktops! We figured out it was just a couple wires that needed to be switched and saved ourselves a lot of money that way. This was awhile back though. I would have troops plugging in PC's that just arrived from the states without switching the voltage on the back and poof! Thank God auto switching PSU's are the norm for the most part.

RE: Nice...
By retrospooty on 5/22/2014 8:22:53 AM , Rating: 2
There are no special parts, just plastic. A 3d printer would do the trick, but it's defeating the purpose for a $5 piece of plastic. Better off buying 3rd party, unless... you already have a 3d printer.

RE: Nice...
By Manch on 5/23/2014 6:20:24 AM , Rating: 2
True. I didnt know if you could get them 3rd party or not. There are websites that will print parts for you if need be. They may cost more than $5 though. If you have a requirement to do a lot of custom fabrication then they are nice.

"It looks like the iPhone 4 might be their Vista, and I'm okay with that." -- Microsoft COO Kevin Turner

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki