Lenovo's Phantom Profits
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Rebate payment from Intel makes all the difference in margin increase.
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IBM&#39;s decision this past week to sell a majority stake in its personal computer business to Lenovo Group, a vendor based in China, for $1.75 billion in cash, stock, and debt assumption, is
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Great quarter guys, but nobody's perfect. Did you know that some companies already make a profit online?
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Lenovo Group Ltd.  posted its strongest pace of quarterly earnings growth since it bought IBM's loss-making PC arm in 2005, as the world's No. 3 PC maker cemented Asian market share and held costs down.
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You didn't get our email? IBM hit Lenovo with a jarring share sale, unloading $123m of stock in the PC maker.â¦
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PalmOne (nasdaq: PLMO - news - people ) report fiscal first-quarter results well above analysts&#39; estimates. The maker of handheld computers reported revenue of $273 million and earnings of 43 cents per share
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I.BM said yesterday that the personal computer business it was selling to the Lenovo Group of China had not made a profit for three and a half years.
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Plus: Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise...SanDisk earnings top estimates.
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China's largest computer maker Lenovo Group has reported a sharp fall in profit for the first quarter as it struggles to recover from the loss-making PC business it bought from IBM.
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The electronics giant reports a fall in profits at the same time as rivals Matsushita and Canon see their profits increase.
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Chinese PC maker Lenovo says annual profit up more than 600 percent    BEIJING, May 23 (Xinhua) -- Lenovo Group, the world's third- largest personal computer maker, said Wednesday its annual net income soared 625 percent for the year through March on stronger sales.
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Lenovo Group Ltd. (0992.HK) posted  its strongest pace of quarterly earnings growth since it bought  IBM's loss-making PC arm in 2005, as the world's No. 3 PC maker  cemented Asian market share and held costs down.
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Shares in Lenovo Group resumed trading on Wednesday, after being temporarily suspended due to theÂ sale of 300 million shares by IBM, the PC company's second-largest shareholder.
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Lenovo Group, the world's No. 4 personal computer maker, said Thursday that profit in its third fiscal quarter rose 198 percent and forecast strong sales this year despite a possible U.S. economic slowdown.
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Squeezed at home, China's biggest computer maker, Lenovo, is buying IBM's money-losing PC business. But venturing abroad is fraught with risk
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For a theoretically free operating system, Linux is -- and will continue to be -- a cash cow. A research firm sees a bright financial future for the OS.
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When it began two decades ago, the company now known as Lenovo Group Ltd. was little more than a glorified delivery service, a venture launched by academic researchers in Beijing who earned cash by distributing personal computers built by prominent brands in faraway countries.