Lenovo announced its earnings figures for the financial year 2014-2015, with the PC maker boasting increased revenue and market share. In the three months ending March 2015, which Lenovo described as a "seasonally slow quarter with significant currency impacts," the manufacturer made $11.3 billion in revenue, a year-over-year increase of 21 percent.
Quarterly sales from the PC division amounted to $7.2 billion in revenue, an increase of 11 percent year-over-year. Shipments totaled 13.3 million for the quarter, resulting in a global market share of 19.5 percent. The company recorded a full-year revenue of $46.3 billion, with gross profit at $6.7 billion and operating profit at $1.1 billion.
For Lenovo as a whole, revenue from China accounted for 27 percent of the global revenue, with the company boasting a market share of 33.6 percent in the PC segment. Record shipments of PCs in the EMEA region saw Lenovo attaining a market share of 20.5 percent, up 4.8 points from the same time last year. The rise in shipments means that Lenovo is now the number one PC manufacturer in all 17 countries in the EMEA region.
Strong shipments were also witnessed in North America, where Lenovo made $3.6 billion in revenue with a 11.7 percent market share. What the numbers essentially mean is that Lenovo has had a stellar year that is set to continue into 2015, as evidenced by the company netting an operating profit of $127 million in a quarter where global PC shipments fell by 5.2 percent.
Source: Lenovo
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