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.
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
