China’s Lenovo has once again made a mockery of the supposed ‘dying PC market’ theory, recording double-digit sales and profit growth for both the last quarter and the year. The company’s seemingly unstoppable growth comes as its American rivals continue their mad scramble to try and offset declining PC sales with enterprise goodies and tablets/smartphones.

Lenovo, who officially became the world’s top PC seller last year, announced a whopping $9.4 billion in sales for the 1st quarter of this year, up 19 percent from the year before. Net profits were on the up too, rising by 25 percent to $158 million.

Lenovo’s continued success in the PC market was its most astonishing feat. The industry slumped by 3.1 percent during the first three months of this year – admittedly slower than previously thanks to a rush of businesses looking to swap out their dusty old XP boxes. Nevertheless, the Lenovo juggernaut powered ahead with 6.8 percent unit growth, and total revenues of $2.7 billion, up 14 percent on the previous year. In all, Lenovo’s consolidated laptop shipments rose 12.9 percent, despite a 5.8 percent decline in shipments globally.

The company’s plans for mobile world dominance are also slowly but surely coming to fruition. Lenovo’s Mobile Internet and Digital Home division, which makes its smartphones and tablets, saw a massive 71 percent jump in sales, raking in some $1.3 billion for the quarter. It said smartphone sales grew by 59.4 percent, though it neglected to mention how many tablets were shipped.

The main reason for Lenovo’s success is its geographical advantage. It has a very wide product portfolio across numerous countries and customer segments, and of course it has its massive support base in China, which remains the world’s biggest consumer of PCs. This was evidenced by its sales distribution – some $3.1 billion of sales were generated in its home market, where Lenovo now holds a 32.6 percent share of the desktop market. Elsewhere, it saw revenues of $2 billion in North America, and a further $1.7 billion in Asia Pacific.

Lenovo CEO Yuanqing Yang responded with the rather modest comment that his company can grow “no matter the market conditions,” adding that while extending its lead in PCs it has now become “the fastest growing major smartphone company in the world.”

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