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Lenovo Sees Explosive Tablet Growth, CEO Enthusiastic About Windows 8


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Acer may be critical of Windows 8, but Lenovo chairman and CEO Yang Yuanqing says the company is experiencing “hyper growth” in their smartphone and tablet business.

During Lenovo’s quarterly earnings call, Yuanqing said the company shipped 9 million smartphones and 800,000 tablets during the final quarter of 2012. That accounts to nearly an 80 percent year-to-year growth, as well as a record-breaking quarter.

Lenovo has been responsible for some inspired form factors based on Windows 8. Their IdeaPad Yoga and ThinkPad Twist are both multipurpose tablet/ultrabook hybrids with competitive pricepoints and enterprise-friendly features.

Lenovo’s upcoming Thinkpad Helix should only serve to bolster sales when it launches this February. [See why it snagged one of our Best of CES awards.

Unlike Acer, who is selling more Google ChromeBooks than Windows 8 hardware, Lenovo seems downright enthusiastic about the future of Microsoft‘s new OS. Yuanqing was quoted as saying that “new technologies like Windows 8, ultrabooks, and convertibles will drive new demand. 2013 will be better than 2012.”

Continue Reading @: Lenovo Sees Explosive Tablet Growth, CEO Enthusiastic About Windows 8 - Forbes


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The news is even better than it first appears for Lenovo. All emphasis added.

In the company's third fiscal quarter for 2012/13, sales reached a new high of $9.4 billion, on the back of 14.1 million PCs shipped, resulting in a 15.9 percent share of the global marketplace. The resulting $205 million quarterly profit is a third higher than the company achieved this time last year and a new record quarter.

In the US

the company saw 11 percent growth year-on-year, in a market that fell 7 percent overall. It has now been a remarkable 15 quarters in a row where Lenovo's growth has outpaced the industry overall.
Lenovo defies PC market trends with record profits and shipments | The Verge

Contrasted with

The Mac's long-standing run of consistently out-growing the PC industry as a whole finally came to an end. It's a streak that's been going on for years at this point; even this past October, when Apple reported a mere 1 percent growth in Mac sales, it still trounced the 8.6 percent decline IDC reported for the PC industry as a whole.

The newest numbers? A 21.2 percent drop in Mac sales from the same time last year, while IDC's latest figures have the PC industry shrinking just 6.4 percent in comparison

Apple's Mac sales drop as the post-PC era comes to Cupertino | The Verge

Computers aren't dead but they are changing. This shows that there is a market for nicely built non-traditional PCs facilitated by Windows 8 (not a lone savior as good hard ware is still necessary). Meanwhile traditional PCs are being cannibalized by tablets including Macs by its own iPads.

Interesting times.