Lenovo sells a record 29 million devices, $9.8 billion in revenue

Lenovo posts Q2 2013/14 results, sees $9.8 billion in revenue and a record 29 million units sold, or 4 devices per second.

@anthony256
Published Thu, Nov 7 2013 11:33 PM CST   |   Updated Tue, Nov 3 2020 12:20 PM CST

Lenovo has posted up its results for its second fiscal quarter, which ended on September 30. Revenue for the three-month period sat at $9.8 billion, which is a 13% increase year-over-year. Lenovo also saw its second quarter profit grow very quickly, with pre-tax income growing up 30% year-over-year to $265 million.

Lenovo sells a record 29 million devices, $9.8 billion in revenue | TweakTown.com

Earnings also increased, a nice 36% year-over-year to around $220 million. The biggest news here is just how many devices Lenovo sold in the quarter, which was a hefty 29 million devices, which equates to around 4 devices sold, every single second. This has helped Lenovo keep its 'world's largest PC vendor' statement for the second quarter running, with the highest-ever quarterly market share of 17.7%, which is up 2% year-over-year.

NEWS SOURCE:news.lenovo.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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