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Lenovo retained the number one worldwide market share position for the 14th consecutive quarter, with 21.5 percent market share, showing share gains in all geographies except Asia Pacific. In North America, in a market that was down 0.7 percent, Lenovo grew 14.7 percent. Lenovo shipped 14.5 million PCs in the second fiscal quarter, a 3.2 percent decrease year over year, in a market that decreased 4.8 percent.

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Revenue in the third quarter of 2017 totaled approximately $336 million, a decrease of $37 million, or 10%, from revenue of $373 million in the third quarter of 2016. The year over year revenue decrease was largely due to lower shipping volumes, which decreased from 498 thousand nt in the third quarter of 2016 to 411 thousand nt in the third quarter of 2017, a 17% decrease. The volume decrease was largely due to the production impact of a planned blast furnace outage in the current quarter.

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