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Lenovo sold more tablets and smartphones than PCs for the first time ever

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August 15, 2013

For the fist time in its history, Lenovo, the world's largest maker of PCs, sold more smartphones and tablets than personal computers, ushering in what many have called the post-PC era.

Lenovo made the announcement Thursday, saying it shipped 11.4 million smartphones, doubled the amount it sold three months prior. The company also said it sold 1.5 million tablets during the same period.

China is Lenovo's biggest market, accounting for 80 percent of sales, something the company would like to change by increasing its global footprint, but competition outside of China is extremely fierce.

Overall, Lenovo is seeing the benefits of a strong lower end smartphone and tablet market in China. While its smartphone and tablet products continue to perform strongly, the company is still heavily dependent on its PC division.

Lenovo shipped a total of 12.6 million computers in Q2, which is a 1.4 percent decline when compared to the previous year, but still better than the PC industry as a whole, which resulted in Lenovo becoming the world's largest PC vendor. (HP came in second place).

All in all, its been a great quarter for Lenovo, generating $8.8 billion in revenue with a net income of $174 million, a 23% increase from the previous quarter.

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