Lenovo reports record $817 million annual profit, 50 million smartphone shipments

Lenovo Vibe Z-7

Lenovo has reported its Q4 FY14 financial results and the full 2013/14 year that ended March 31, 2014. It has reported revenue of US$9.4 billion for Q4 FY14, up 19-percent year-over-year and the full-year revenue of US$38.7 billion, up 14-percent year-over-year.  Its profit stands at $817 million, up 29% YTY. This is the all time high revenue for Lenovo in an year. It shipped a total of 115 million devices in the year that includes, 55 million PCs, 9.2 million tablets and 50 million smartphones. Continue reading “Lenovo reports record $817 million annual profit, 50 million smartphone shipments”