Tag: mobility business

Ingram Micro improves its gross margin

ingram-micro-mobilityMega distributor Ingram sold $10.2 billion worth of kit worldwide in its third financial quarter, and made net profit of $599 millions.

That means its gross margin jumped from 5.02 percent in the same quarter last year to 5.90 percent for this year’s third quarter.

The increase was accounted for by higher gross margin revenues from its mobility business, fuelled by services.

Alain Monie, CEO of Ingram, said his sales teams worldwide managed to grow. The mobility extra margin gave a strong boost after its acquisition. It bought Aptec in 2012.

Ingram made a distribution deal with an unnamed mobility OEM, while it did OK business with its cloud offerings after its acquisition of Softcom.

Ingram expects its gross margn in the fourth quarter of 2013 to also rise.