Feeds

Lenovo celebrates 5th quarter of growth

Better than the rest

Internet Security Threat Report 2014

Lenovo's financial results for its first quarter ended 30 June 2010 show it has grown faster than any of the other top manufacturers.

The company's PC sales grew 48.1 per cent compared to the industry average of 20.9 per cent. Lenovo now claims 10.2 per cent of the world PC market.

Lenovo made sales of $5.1bn and a pre-tax profit of $75m in the quarter.

Operating profit was $82m and the firm has cash reserves of $2.2bn.

The quarter also saw Lenovo's first smartphone launch in China, where it remains the top handset brand.

Laptops accounted for 60.5 per cent of total revenues and shipments were up 58 per cent.

Desktop sales grew 35 per cent and provided 32.2 per cent of revenues.

The full release is here. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Chipmaker FTDI bricking counterfeit kit
USB-serial imitators whacked by driver update
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Microsoft to enter the STRUGGLE of the HUMAN WRIST
It's not just a thumb war, it's total digit war
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
FTDI yanks chip-bricking driver from Windows Update, vows to fight on
Next driver to battle fake chips with 'non-invasive' methods
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.