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Lenovo shipped 76 million smartphones, 60 million PCs last year

By Shawn Knight
May 21, 2015
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  1. 200-trillion watt laser produces plasma hotter sun

    Lenovo’s earnings report is in and the results highlight the challenges that lie ahead. In its first full quarter since acquiring Motorola Mobility from Google for $2.9 billion and IBM’s x86 server business for $2.3 billion, the Chinese company’s net profit dropped 37 percent despite solid PC sales.

    Given the financial scope of the two acquisitions, such an impact was to be expected.

    For the quarter, the world’s largest PC vendor posted a net profit of $100 million, down from the $158 million it earned in the year ago quarter. Revenue shot up 21 percent, however, to $11.3 billion. On the year, Lenovo posted revenue of $46.3 billion with an annual profit of $829 million.

    Lenovo said it shipped 18.7 million smartphones during the three-month period, 7.8 million of which were Motorola devices. That’s up from 16 million units moved in the previous quarter. For the full year, the company shipped 76 million handsets – its best showing to date.

    Despite the fact that Lenovo moved more mobile devices, its PC business remains its bread and butter. The company shipped 60 million computers during the 2014 financial year.

    In February, it came to light that Lenovo had been injecting adware in PC shipped to customers and earlier this month, researchers discovered a trio of serious security flaws related to Lenovo’s system update feature. It'll be curious to see how these two negative marks will affect sales moving forward.

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  2. I'd like to see how many are happy with their Laptops. I have a G560 and it has been poor from the start and is now almost unusable. The component use is pathetic, classed as wireless 'n but only actually rated at around 72Mb. Touchpad is horendous, fan was virtually always on just browsing the internet. Original battery had a cell fail in the first couple of months, the replacement lasted about 9 months. Even at new battery life was pathetic. Windows 64 on a 64 bit processor yet 32bit Windows works better! Face recognition was great, but it screwed the admin rights up and had to be removed. Screen was good, but that has failed (and I am extremely careful with me electronic gear) Hard disk still OK! Looking at recent news reports security and built in software is an issue. Not dead cheap and not at all cheerful :)
     

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