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14th August 2020, 05:45 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,541
| Lenovo does better than expected Remote working boom China’s Lenovo posted a better than expected quarterly profit on Thursday and said it is capturing opportunities emerging from remote working and education. Lenovo reported a 31 percent jump in net profit for its first quarter ended June to $213 million, beating an average $107.48 million which was predicted by the cocaine nose jobs of Wall Street. Meanwhile the company's revenue increased seven percent to $13.3 billion. “The PC market significantly outperformed the industry forecast of a market decline. Looking to the future, the company expects this strong PC demand will be a long-term trend.” https://fudzilla.com/news/51346-leno...-than-expected |
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