Motorola smartphone gross sales double in a yr as Lenovo takes over
Regardless of a supposedly weak PC market, Lenovo does very nicely, thanks. It is making an attempt to sprinkle the identical golden mud on to its newest acquisition, Motorola, and seems to be succeeding. Gross sales for the long-lasting model are up 118 % over final yr to $1.9 billion (with greater than 10 million models shipped). A part of that surge occurred previous to the official buy, however nonetheless helped bump Lenovo’s united cellular division seventy eight % in a yr — third general behind Samsung and Apple. Motorola additionally misplaced much less cash than forecast, with Lenovo suggesting it might turn out to be worthwhile in as little as a yr — even though it has but to go on sale in China. Lenovo confirmed in its newest monetary report that Moto is “quickly to re-enter” its house market the place Apple, for one, has fared fairly properly of late.
Past cellular, the corporate additionally elevated its international pill share to four.eight %, and PC gross sales proceed to steamroll with sixteen million models bought — up 5 % over final yr. This implies Lenovo stays the most important pc vendor on the earth with a 20 % market share. Whether or not the corporate can sustain the momentum, particularly with Motorola, will probably rely upon how a lot it wows the general public with new fashions. However, in contrast to Google, which bought Moto to Lenovo for a large loss (relying on how a lot you worth patents), Lenovo truly is aware of what it is doing round hardware.