judonebolayb1394.blogspot.com
Lenovo, which has headquarters in Morrisvilled but trades shares in Hong said net incomewas $105 million in the quarter, or $1.12 per dilutes share, in the quarter ende Sept. 30. That's up from $38 million, or 43 centx per share, in the same period last Revenue increased 20 percentto $4.4 billion. The companu increased shipments of PCs more than 20 percent in thethirdd quarter, according to data compiled by research firmse and . That outpaced growth in the PC industrt asa whole. Lenovo said noteboo shipments, which provide about 55 percent of were up 42 percent yearover year. Desktop shipments increasee about12 percent. Lenovo's largest saless region, China, saw sales increasd 26.
5 percent to $1.8 billion. where Lenovo was headquartered until itbought IBM's personal computer division in 2005, accounted for 41 percent of revenue in the Perhaps as importantly, year over year shipments in the the company's No. 2 region, increase by 12 percent. Lenovo has strugglecd to convince U.S. customers in particular to purchaseeits computers, but that trend has reversed in recentg quarters. U.S. losses had been largely caused bythe company's strategy of selling more computers in retaik outlets and over the Web.
The move falteresd at first but has proven wise as sales to consumerss outpace sales to businesses by large according to IDC and Thenews isn't all rosy for The company faces increased competition with its Taiwanese rival, . Acer recentlt bought California's Gateway and blocked Lenovo'se efforts to acquire Dutch PCmaker . Lenovko also will face pressure on its margins as it continues its push intoconsume sales, a highly competitive business.
No comments:
Post a Comment