Global Q3 2012/13 Lenovo sales total $9.4 billion with 12% Y-o-Y growth-- a record as the PC maker remains the only major vendor with positive results as we speak.
Company earnings amount to $205 million (with 34% Y-o-Y growth) while operating profit grows by 26% to $243m.
According to Gartner Lenovo is the 2nd largest PC vendor in both EMEA and WW during Q4 2012, with shipments growing by 7.9% Y-o-Y.
The company attributes such results to its "Protect and Attack" strategy-- protection of its China and PC profit pools while attacking every other segment (both market- and geography-wise). Thus "Attack" businesses make 50% of Lenovo revenues, with Mobile Internet and Digital Home (MIDH) accounting for 11% of Q3 revenues.
The Lenovo global tablet business also achieves profit for the first time.
For the future Lenovo looks at a number of product launches-- and possible big purchases. In a Bloomberg interview CFO Wong Wai Wing says "we are looking at all opportunities-- RIM and many others... we'll have no hesitation if the right opportunity comes along.”
With $4.2bn saved away, have no doubt Lenovo will find such an opportunity sooner, if not later. In the meantime, RIM refutes such speculation.
Go Lenovo Says RIM Bid Among Options to Boost Mobile Unit (Bloomberg)
