![Lenovo's Q1 shows 'record high' market share, profits up 30 percent to $141 million Lenovo's Q1 shows 'record high' market share, profits up 30 percent to $141 million](http://www.wareground.com/images/400/lenovos_q1_shows_record_high_market_share_profits_up_30_percent_to_141_million.jpg)
After delivering an overachieving laptop, Lenovo has delivered financial results that also exceeded expectations, producing $8 billion in revenue and $141 million net profit. Those figures are up 35 and 30 percent respectively over last year, which the company has chalked up to a higher than ever market share of 15 percent. That growth came in part from a 59 percent sales bump in emerging markets like India and Brazil, on top of a 9 percent spurt in its home market - lifting the company 24 percent in world-wide PC shipments for the quarter.
Engadget , Lenovo's Q1 shows 'record high' market share, profits up 30 percent to $141 million, Lenovo's Q1 shows 'record high' market share, profits up 30 percent to $141 million
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