Lenovo hits new record marks for PC shipments, market share, and quarterly profits

Lenovo ThinkPad Edge stock 640

Selling PCs (and even Macs) these days may seem like fighting a losing battle, but Chinese manufacturer Lenovo is managing to swim upstream by continuing to expand both its market share and shipment numbers. In the company’s third fiscal quarter for 2012/13, sales reached a new high of $ 9.4 billion, on the back of 14.1 million PCs shipped, resulting in a 15.9 percent share of the global marketplace. The resulting $ 205 million quarterly profit is a third higher than the company achieved this time last year and a new record quarter.

Traditionally strong in its native China, Lenovo is also managing to export its success to the all-important United States, where the company saw 11 percent growth year-on-year, in a market that fell 7 percent…

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