Lenovo sales of phones and tablets beyond personal computers




Lenovo sales of phones and tablets beyond personal computers
This is seen as another sign of the deteriorating PC market
Lenovo, the Chinese company said that sales of tablets and smartphones for the first time surpassed the sales of personal computers during the first quarter of its fiscal year.

Observers viewed the news as another bad sign deterioration suffered by PC market, Lenovo is the first ranking as the largest personal computer manufacturers.

Lenovo said that net profits jumped by 23 percent during the quarter, the first quarterly ending 30 July last year, with profits to $ 174 million from 141 million in the same period last year.

Despite the sagging PC market, Lenovo has achieved significant growth thanks to its focus on selling to transform it in China with 42 percent of its revenue, in addition to its focus on a number of other developing markets. On the other hand, the company focused on the development of smartphones and tablets, smart TVs.

The specialized section saw the development of portable devices in the company, which covers the production of tablets and Smartphones, increasing revenue by 105 percent during the year, 14 percent of the company’s total revenue.

The number of reports and studies recent research institutions, she noted a significant decline in the personal computer market because of the direction of more users to tablets and Smartphones as an alternative to the personal computer.
Related topics:

Computers & Tablet PCs,
Smart phones,

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