Lenovo’s Profit Rises on PC Sales

Chinese personal-computer maker Lenovo Group Ltd. said Thursday its net profit for the three months through September rose 13 percent from a year earlier, as sales remained strong despite a slump in the overall PC industry.

Lenovo said its net profit for its fiscal second quarter rose to $162.1 million from $143.9 million a year earlier, beating analysts’ forecast for a net profit of $154.6 million. Revenue for the quarter rose 11 percent to $8.67 billion from $7.79 billion a year earlier.

Read the rest of this post on the original site »


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »