Lenovo’s Profits Tank Amid Declining PC Demand
In the latest evidence of the PC market’s troubles, Lenovo’s profits dropped a massive 75% in its latest quarterly results. According to Lenovo’s latest report, the company posted $130 million pre-tax profit for the quarter ending March 2023. For the year-ago quarter, however, the company posted $520 million in pre-tax profit, representing a 75% decline. The […]