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Lenovo Q4 revenues fall 19% after drop in smartphone sales

Published Thursday 26 May 2016 | 11:56 CET
Lenovo reported revenues for its fiscal fourth quarter to March down 19 percent year-on-year to USD 9.133 billion, as the company suffered from the slowdown in the PC market and falling mobile phone sales. Operating profit still improved, by 95 percent to USD 248 million, thanks to restructuring and cost-cutting efforts, and net profit was up 80 percent to USD 180 million. The company maintained ...

Lenovo Q4 revenues fall 19% after drop in smartphone sales

Published Thursday 26 May 2016 | 11:56 CET Lenovo reported revenues for its fiscal fourth quarter to March down 19 percent year-on-year to USD 9.133 billion, as the company suffered from the slowdown in the PC market and falling mobile phone sales. Operating profit still improved, by 95 percent to USD 248 million, thanks to restructuring and cost-cutting efforts, and net profit was up 80 percent to USD 180 million. The company maintained ...

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3 UK to trial ad blocking technology on network in June

Published 26 May 2016 10:37 CET | United Kingdom
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Samsung pilots phone leasing in France

Published 26 May 2016 09:52 CET | World
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CDP plans exclusive talks with Enel over Metroweb - report

Published 26 May 2016 08:48 CET | Italy
The board of Italian state lender Cassa Depositi e Prestiti (CDP) has decided to enter into exclusive talks with utility giant ...

AT&T joins bidding for Yahoo! - report

Published 26 May 2016 08:39 CET | World
AT&T has made a bid to acquire Yahoo, people familiar with the matter told Bloomberg. The operator is interested in Yahoo's core ...

TIM begins live testing of 1 Gbps FTTH service in Milan

Published 26 May 2016 08:31 CET | Italy
TIM (Telecom Italia) has announced that it will be offering a 1 Gbps FTTH-based broadband service in Milan starting on 01 June. ...
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