Wireless News
11-07-2013, 03:01 AM
http://l3.yimg.com/bt/api/res/1.2/iJnJWGxIQTj19zdl4tufhA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-07T070443Z_1_CBRE9A60DB600_RTROPTP_2_LENOVO-RESULTS.JPG (http://news.yahoo.com/chinas-lenovo-second-quarter-net-profit-rises-36-044724084--finance.html)By Paul Carsten BEIJING (Reuters) - China's Lenovo Group Ltd , the world's biggest personal computer maker, said net profit jumped over a third to a quarterly record as it extended its cruise into smartphones and data servers to offset a global decline in PC sales. Reporting net profit rose a better-than-expected 36 percent in July-September, Lenovo said on Thursday it will continue to chase acquisitions while mining growth in the market for cloud computing and back-end information storage that's lured companies from rival IBM The ambitious company was among a range of suitors to approach BlackBerry Ltd Lenovo, with a 17.3 percent share of worldwide PC shipments according to research firm IDC, reported net profit of $219.7 million for its fiscal second quarter, its highest for any quarter, extending its streak of more than three years of double-digit quarterly profit growth.
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