According to various estimates, the global PC market in the first quarter of 2013 decreased by between 6% and 10%. New confirmation of this are published by HP and Dell recent quarterly reports , which indicate that the business of selling personal computers fell over in the year by 20% or so. Against the background of such drop , Lenovo report looks like a complete contrast - this Chinese company for the year increased its PC shipments by 10.2%.
Lenovo first calendar quarter 2013 corresponds to the fourth quarter of fiscal 2013, so Lenovo also covers the financial year. Revenues for fiscal year 2013 was $ 34 billion - that's 15% more than in fiscal year 2012. Net income for the year increased by 34% to $ 635 million in the first quarter of 2013 (fourth fiscal 2013) Lenovo raised $ 7.8 billion growth of 4% for the year, allowing the company to deliver personal financial record for quarterly revenue. Net profit increased by 90% and amounted to $ 127 million, and the profit margin - at 12.3%.
The most revenue - about 53% of its revenue - bring Lenovo notebook sales. Over the year, this revenue item increased by 2% - to $ 4.2 billion Shipments of mobile systems during the same period increased by 0.4%. The global notebook market, we note, in the same period fell by 14.2%. Desktops is also in demand. For a year supply of desktops Lenovo has not changed, while the global market for these systems declined by 12.2%.
But Lenovo is strong not only in personal computers, but in promoting them, it makes everything imaginable and unimaginable, including the purchase of large local sellers, as was the case in Europe, Japan and several countries in Latin America. Smartphones and tablets are also not weak side of the company. Also in China, Lenovo smartphone sales for the year increased by 206%, which is twice as fast as the growth of the local market. In this market, the company is the second largest brand. And the process is still gaining momentum.