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Apple eclipses Lenovo’s sales in emerging Chinese market

August 22nd, 2011        

Apple eclipses Lenovo's sales in emerging Chinese market

It’s clear that Apple is very much dominant in the international market, but the same cannot be said in China where counterfeit products and cheap knockoffs are everywhere, or is it?

According to the Financial Times, Apple’s third quarter China sales outstripped Lenovo’s $2.8 billion first quarter results, racking up a commanding $3.8 billion lead in the PC maker’s own backyard. Lenovo’s CEO, Yang Yuanqing, was quick to dismiss the ‘apples to oranges’ financial comparison, citing his company’s inability to compete in the mobile phone segment, and continued strong focus on personal computing.

For what it’s worth, Lenovo does separate out both Hong Kong and Taiwan sales from its mainland report, putting the company on unequal footing with Cupertino which includes the two markets in its total Chinese earnings.

Still, Lenovo has plenty of reason to keep its chin up. It does, after all, have that dominating 31.7 percent market share to lord over Mr. Steve Jobs.

SOURCE via Financial Times

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