Lenovo scores record sales amidst PC industry slump
Lenovo seems to be the only top PC vendor bucking the trend of sour sales.
The Hong Kong-based company today reported record results for its fiscal year that ended March 31. For the year, Lenovo captured sales of $34 billion, a 15 percent increase from the prior year. Earnings hit $635 million, up 34 percent. And its PC shipments grew by 10.2 percent, compared with an overall industry drop of 8.1 percent.
Lenovo's 15.5 percent market share for the year put it in within reach of stealing the top spot from Hewlett-Packard. A recent report from … Read more
