Lenovo today reported results for its first fiscal quarter ended June 30, 2013 with quarterly revenue of US$8.8 billion, a ten percent increase year-over-year while earnings grew 23 percent year-over-year to US$174 million and the basic EPS of 1.67 US cents, or 12.96 HK cents. Interestingly, the company – the top PC makers – has sold more phones and tablets as compared to computers.
The company has shipped 12.6 million units of its desktop PCs while its consolidated sales saw a drop back of 2.8 percent on year-on-year basis in the first fiscal quarter while its smartphones and tablets consolidated sales increased 105 percent year-on-year in the first quarter with generating $1.2 billion in revenue.
Photo Credit: Flickr/Cory M. Grenier
Latest posts by Karan Chopra (see all)
- Facebook: Always Helping… Facebook (Comic) - March 5, 2014
- I’d Like To Deposit This Check Into My Bank Account (Comic) - March 4, 2014
- Data Loss And Disaster Recovery (Infographic) - March 4, 2014