May 20, 2017
The purchase of Motorola and parts of IBM’s server business is Lenovo still hard in the stomach: despite a revenue jump of 21 percent, the profit fell 37.
Lenovo recorded a hefty turnover in the last quarter, but the acquisitions pushed the profit. The revenues of the world’s largest PC manufacturer rose despite headwinds due to the strong dollar in the previous year to 21 percent to $11.3 billion, Lenovo announced on Thursday.
The profit in the closed end of March fourth fiscal quarter but fell 37 percent to $100 million. Charges related to acquisitions in the amount of $94 million were a trigger. Lenovo must digest the purchase of mobile phone pioneer Motorola and a part of IBM’s server business, according to cellphoneexplorer.
The PC business was Lenovo’s most important pillar with revenues of $7.2 billion. In weak years market, the company was able to increase sales in the last quarter to 2.7 percent to 13.3 million units. That gave the Chinese a market share of 19.5 percent. The Division boosted the operating profit by 11 percent to $391 million.
With 18.7 million smartphones, Lenovo remained the world’s number three. The paragraph about the leaders Samsung and Apple is very large. In the full fiscal year there were 76 million units – sold in a quarter as much as market leader Samsung. China was still the most important sales market for Lenovo with a share of nearly 60 percent. (dpa) / (axk)
Related Posts
Swimwear for Big Hips and ThighsWhat swimsuits to choose if I have full hips? Swimwear for women with fat thighs at answerresume. This is, perhaps, the most common defect in a delicate half of humanity today. But do not panic and do not create unnecessary - all this can be corrected! Definitely type string bikini will emphasize your merits. The secret to creating a proportional figure in this case is very simple:…
LG A155 and A120, Simple and Economical for All TastesMobile phones LG A155 y LG A120 they could be devices that could perhaps double the price that South Korean manufacturer intends to market them, if the market would have taken place a couple of years ago. However, LG aims to place them with the support that is the affordable prices both in emerging economy countries, as well as in the Western markets within a low range of products. Good example of…
Samsung and MasterCard Brings Samsung Pay for EuropeSamsung Pay becomes a reality in Europe with the help of payment giant, MasterCard, so you can pay quickly and effortlessly with your Samsung mobile. Samsung is on the hunt for market share for mobile payments with its counterpart for Apple Pay with it quite descriptive name, Samsung Pay. First started the new payment service out of its home country, South Korea, and now illuminates the MasterCard…
Nozzles And Ink Cartridges for PrintersThere are two broad categories of ink cartridges for printers taking into account if they are or not supplied with the injectors on the market. The injectors are nozzles or coating tubes that make up the print head, work with resistance to heat up, as a result of the electrical currents that sends the printer cartridge, is injected ink on paper generating printing. The injector is a…
10 Dresses and Skirts of Neoprene for UseAre you looking for 10 dresses and skirts of Neoprene for use in 2015? The Neoprene has done very successfully by being a refreshing tissue to heat and hot to cold. Created from a polymer, the neoprene is synthetic and have rubbery texture, used by your waterproofing and thermal insulating property especially in costumes for the practice of water sports. 10 dresses and skirts of Neoprene for use…