https://tbri.com/wp-content/uploads/2021/09/TBR-Insight-Center-Logo.png 0 0 admin https://tbri.com/wp-content/uploads/2021/09/TBR-Insight-Center-Logo.png admin2018-05-29 14:54:282022-11-03 21:12:03Analysis: Lenovo can see light at end of tunnel as PC, data center businesses grow
Analysis: Lenovo can see light at end of tunnel as PC, data center businesses grow
Lenovo last week reported double-digit revenue and operating profit growth as its core PC and Smart Devices (PCSD) business thrived with 15.9% annual revenue growth and its Data Center Group enjoyed 43.8% year-to-year growth. The Moto mobile devices business shrunk, however, recording a 24.3% reduction in revenue. Profitability improved across all three groups, with increased PC pre-tax income, and reduced pre-tax losses in both data center and smartphone businesses. — Daniel Callahan, Analyst
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