Lenovo bought 60 million PCs in a yr, however in all probability will not once more
Lenovo’s basement filled with accountants has launched the corporate’s monetary report for the final 12 months, and it is all smiles and greenback indicators. In any case, it elevated the money coming in via the entrance door, spent huge to purchase purchase Motorola and IBM’s server enterprise and nonetheless made a $one hundred million quarterly revenue. Even higher, the outfit has now been the world’s largest PC maker for 2 straight years, promoting 60 million computer systems within the final 12 months alone.
As TechCrunch studies, there are, nevertheless, some murky clouds which might be gathering on the horizon. Lenovo itself attributes the diminished income to merger prices and change-fee hiccups, however the firm’s income additionally dipped in 2014. A part of it’s because the PC market is starting to shrink as customers change to smartphones and tablets and companies cease upgrading their machines past Home windows XP.
Lenovo’s making an attempt to make hay whereas the solar shines, utilizing its money reserves to spice up its telephone and server companies and transfer past PCs. As an alternative, it is aiming to turn out to be a “hardware and software program providers” agency, mockingly mirroring an identical transfer that IBM made when it bought its PC companies to Lenovo within the first place. Though, we think about, that with the tighter margins and fiercer competitors between telephone makers, we might see these revenue figures fall a bit additional but.
[Image Credit: AFP/Getty]