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Lenovo sees profits rise by 46 percent

Posted on Wednesday, May 23 2012 @ 21:25:02 CEST by

Engadget reports Lenovo saw its profits increase by 46 percent last quarter, with shipments up 44 percent. Pretty impressive figures considering the PC industry as a whole grew just a couple of percentage points over the past year.
While the PC industry as a whole reportedly grew by a tight handful of percentage points over the past year, Lenovo has somehow managed to continue its long-running growth spurt, with shipments up 44 percent and operating profits up 46 percent. Sales of both laptop and desktop (including IdeaCentre all-in-ones) grew roughly equally, helped along by blossoming demand in emerging markets, while fledgling smartphones and tablets also proved popular in Lenovo's homeland.



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