Lenovo reports $29.6 billion in worldwide sales last fiscal year, 35 percent PC shipment growth

Amidst a rough traditional PC market and calls for a “post-PC era,” Lenovo seems to be doing just fine. The company has just announced its results for the 2011 / 2012 fiscal year, which ended on March 31st. It reported total sales of $29.6 billion, an increase of about 37 percent from 2010 / 2011, and an operating profit of $584 million. Its global PC shipment numbers also grew by 34.9 percent over last year, compared to an industry average of around 3 percent. This puts Lenovo’s total PC market share at 12.9 percent, behind only HP, and the numbers are roughly in line with what we heard from Gartner last month.

While Lenovo’s sales are fairly good everywhere, the company is definitely boosted by a large presence in China, where it currently holds a market share of around 30 percent. China accounted for around 39 percent of total sales in the past year, compared to “mature markets” in North America, Europe, and Japan, which make up around 45 percent combined even after significant growth. Lenovo doesn’t have the massive profits of a more diverse company like Apple, but its position as a seller of desktops and laptops is only getting stronger.