Lenovo's profit soars riding on strong business PC sale

A better than expected business PC sale more than made up for weak consumer PC sales figures

Giving another example of people still holding onto conventional notebooks when it comes to serious business, Chinese computer giant Lenovo has experienced a stronger than expected sales of business laptops – as reported by Electronista.

Lenovo has reported strong fourth-quarter sales with profit tripling on the back of higher than expected demand from commercial customers. Lenovo reported a net profit of $42.13 million for the period January to March, a boost of $12.8 million from the corresponding year ago quarter.

This might point towards one thing. As we observed in the beginning – those moving to mobile platforms like tablet mainly do so to satisfy their everyday computing needs. But when it comes to serious business operations, people still rely on the much more powerful x86 systems. 

Source(s)

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Author: Pallab Jyotee Hazarika, 2011-05-26 (Update: 2012-05-26)