Lenovo recorded consolidated revenues of US$14.1 billion, gross margin of 14.9%, net operating profit of US$325 million and net profit of US$253 million for the quarter. Of consolidated revenues, US$9.2 billion (65.2%) came from PC sales, US$3.4 billion (24.1%) from smartphones and tablets and US$1.2 billion (8.5%) from servers, storage devices, software and services to enterprise users.
Lenovo shipped 24.7 million smartphones under its Lenovo and Motorola brands in the quarter, hiking 78% on year and reaching a global market share of nearly 6.6%. In the same period, Lenovo shipped 3.7 million tablets with on-year growth of 9% and a global market share of 4.8%.
Lenovo: Breakdown of consolidated revenues by region, 4Q14 |
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Regional market |
Revenues (US$b) |
Y/Y |
PC market share |
China |
4.1 |
1% |
38.2% |
Asia Pacific except China |
1.7 |
7% |
16.1% |
Europe, the Middle East, Africa |
4.0 |
40% |
19.6% |
North and Latin Americas |
4.3 |
88% |
11.1% |
Source: Company, compiled by Digitimes, February 2015
Source: Digitimes