Company Lenovo it was until Q4 2015 one of the companies that produces smartphones and loses money in the process, but this fiscal quarter has seriously changed the way the company works, the acquisition of Motorola finally bringing profit for her from the sale of mobile terminals.
According to those from Lenovo, the sale of mobile phones generated a profit of 300 million dollars in Q4 2015, this being the first profit recorded by the mobile division in recent years, everything being possible after the acquisition of the Motorola company.
According to those from Lenovo, its mobile phone sales fell compared to the same period in 2014But Motorola mobile phone sales increased by 25% compared to Q3 2015, so in the end Lenovo surprisingly made a profit from the sale of mobile phones.
Until Q4 2015, only Apple and Samsung made money from the sale of mobile phones, the rest of the big companies losing money, Lenovo being among them, but now things are changing, especially since smartphone sales have registered a new record in 2015.
Daca Lenovo managed to generate quite good profit from the sale of mobile phones, then there is a good chance that other companies will follow his actions and start generating serious money from the sale of mobile terminals, so the profit of Apple and Samsung could be in danger .
Although many have said that the smartphone market is saturated, it generates the most profit for manufacturers and had a big growth in 2015, so 2016 will be more than interesting.
