Lenovo has been increasing their marketshare worldwide and according to their recent financial report, Lenovo has even overtaken Apple in the US. Lenovo has been using a winning formula by introducing new products that receive praise from industry watchers and consumers alike.
So how is Lenovo outselling Apple?
During the past fiscal year Lenovo shipped 55 million PCs, 50 million smartphones and 9.2 million tablets. Revenue was up 14% year over year reaching $38.7 billion, while earnings increased by 29% year over year to $817 million. Lenovo has outsold Apple in terms of PCs in the Americas with a 10.8% marketshare.
Also, Lenovo is not done yet. Recently they purchased Motorola using $3.5 billion in cash reserves. Based on past performance, they will push their smartphone line even further.
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