Lenovo began to sell more computers to corporate customers

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POSTER: computer news   ||   LENOVO BEGAN TO SELL MORE COMPUTERS TO CORPORATE CUSTOMERS	DATE:2015-05-21
According to agency Reuters, the ended March 31, fiscal year brought Lenovo one percent more net profit than the same period last year.  Financial results have been somewhat undermined by spending on payment of two major transactions: $ 2.1 billion For the purchase of IBM server assets and $ 2.9 billion Buying a Business Motorola for the production of smartphones.   We note a number of interesting patterns.  Firstly, the share of Lenovo in the PC market continues to grow, even if the market is shrinking - in the fourth quarter  last year, it increased from 20% to 21%.  Second, if the entire PC market as a whole showed a decline in sales of 3%, the number of computers sold to corporate customers under the brand Lenovo increased by the same 3%.  The Company believes that the European region has the highest growth potential.  Obviously not the most simple economic situation in Europe just makes customers to delay purchases and Lenovo hopes that sooner or later they still bring their money to this manufacturer.  Smartphones and corporate sales allow Lenovo to compensate for the decline in the consumer PC market.  The company's revenue for the last fiscal year increased by 20% to $ 46.3 billion., But net profit increased by only one percent. Related Products :

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