Sino-report
Home Sign in Research report Data Center Industry News Custom Research About us
Research report:                          Automotive  |  Electronics  |  Mechanical&Automation  |  New Energy  |  Medical  |  Advanced Materials  |  Building Products  |  Transportation  |  Communication  |  Chemical  |  Finance  |  IT Industry  |  Food  |  Home Appliances  |  Forestry  |  Agriculture  |  Textile  |  Culture Industry  |  Consumer goods  |  Others  |
 Home > Industry News > IT Industry > Text
Apple surpasses Lenovo revenue in China
Author:Sino-report    Source:Agencies    Number of clicks :     Update time:2011-07-22 14:28
Sino-report News Center July 2011

Apple Inc may have surpassed Lenovo Group Ltd's revenue in China for the first time in at least a decade as the iPhone-maker's surge in sales hurt growth at the biggest Chinese computer maker, Bloomberg reported.
Lenovo's total revenue in China last quarter lagged behind the $3.8 billion for Apple, according to four analysts surveyed by Bloomberg News. Lenovo, which acquired International Business Machines Corp's personal computer business in 2005, this week began to sell two new tablets in the US featuring Google Inc's Android software to take on Apple in its home turf.
Overtaking Lenovo within two years of introducing the iPhone in China shows the progress Chief Executive Officer Steve Jobs is making in luring buyers in the world's fastest-growing major economy, the report said. Chief Operating Officer Tim Cook told analysts this week the Cupertino, California-based maker of Macintosh computers is only "scratching the surface" in the country.
"Apple is doing very well in China," said Jean-Louis Lafayeedney, who rates Lenovo shares "buy" at JI Asia in Hong Kong. Apple's growth may become a concern for Lenovo unless the Chinese company increases sales of its new smartphones and tablet computers soon, he was quoted as saying.
Lenovo generated $3 billion in sales from the Chinese mainland in the quarter ended June 30, according to Jenny Lai, head of Taiwan research at HSBC Holdings Plc. She had the highest of the analysts' estimates in the Bloomberg survey.

Order Online
Contact Us
Tel: 400-988-9999
Fax:010-82889999
Phone :+8615313587056
Email:Sale@sino-report.com
Email:Cousult@sino-report.com
Online Consultation
MSN :Sino-report@hotmail.com
MSN :Sino-report@foxmail.com
Skype: Please Please
Latest Reports
  More>>
[IT Industry] Online sales bringing world of opportunity
[IT Industry] Public cloud services help SMEs boost infrastructure automation
[IT Industry] China's social e-commerce to reach $170b in 2018
[IT Industry] Xiaomi pushes AI plans in Optics Valley
[IT Industry] Chinese researchers develop AI technology for screening diabetic retinopathy
[IT Industry] Huawei techno truck shows off 5G hardware
[IT Industry] Xi calls for international cooperation on big data industry
Popular reports
  More>>
China's social e-commerce to reach $170b in 2018
Xiaomi pushes AI plans in Optics Valley
Industry Data
  More>>
China opens market to Kenya's agricultural products
China's publishing industry booming over past 40 years
Industrial Production Operation in July 2018
Total Retail Sales of Consumer Goods in July 2018
National Real Estate Development and Sales in the First Seven Months of 2018
NSDP/SDDS for the People's Republic of China
Market Price of Important Means of Production in Circulation, July 01-10, 2018
In the first five months of 2018, the profits made by industrial enterprises above the designated siz
Purchasing Managers Index for June 2018
Market Price of Important Means of Production in Circulation, June 21-30, 2018
In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Based on Jan - Apr shipment record, Kia Motors Remain on Top 10 in Global PHEV Power Brands Ranking
Consumer Prices for May 2018
Producer Prices for the Industrial Sector for May 2018
Industrial Production Operation in May 2018
Investment in Fixed Assets for the First Five Months of 2018
National Real Estate Development and Sales in the First Five months of 2018
Producer Prices for the Industrial Sector for April 2018
Stable Performance for the National Economy in April
Total Retail Sales of Consumer Goods in April 2018
Industrial Production Operation in April 2018
National Real Estate Development and Sales in the First four months of 2018
Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in April 2018
Industrial Profits Increased in the First Four Months of 2018
Industry News
  More>>
Iron and steel sector gains strength
China’s wines take center stage
Machinery manufacturing fair boosts Sino-Russian ties
Medical device manufacturers display their latest technology
Soybean farmers store crops amid hopes of higher prices
Tourism industry opening on agenda
Tech competition eases startups' access to China market
China's excavator sales grow 44.9% in October
China's solid waste imports continue to slump on tightened ban
Delivery orders jump 25.12% to 1.35b on Singles Day
Related Links
Lenovo seeks to become the Apple of world's eye
Lenovo intends to acquire Medion AG
Lenovo aims 20% of China's tablet computer market by the end of 2011

Sitemap       |       Join Us      |       Customer Service       |       About Sino-report
Copyright © 2011-2025 Sino-report Consult Inc.
Sino-report@hotmail.com    Postmaster@sino-report.com
No.18 Zhichun Road, Haidian District. Beijing 100089.China
Information and data contained in this site is for reference only pursuant to operate your own risk
Sino-report