三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
China / Business

Lenovo's December quarter profit misses estimates

By Bloomberg (China Daily) Updated: 2017-02-17 13:44

Lenovo Group Ltd's December quarter earnings missed projections as the world's biggest personal computer maker continued its struggle to reboot a floundering PC and smartphone business.

Net income fell 67 percent to $98 million in the quarter that ended December, Lenovo said in a statement.

That compares with the $145.9-million average of analysts' estimates. Revenue was down 6 percent to $12.2 billion compared with estimates for $11.7 billion. The Chinese company warned on Thursday that its market would remain challenging because of macroeconomic uncertainty and rising component prices.

Lenovo remains the world leader in a personal computer market struggling through a prolonged downturn as people opt for smartphones to handle everyday tasks. But it barely maintained pole position over HP Inc during the quarter as its chief rival widened its share of the North American market, according to research firm IDC.

A rise in component prices also pressured margins. The Beijing-based company is now negotiating a deal to tie up with Japan's Fujitsu Ltd and shore up its position, an imperative given the smartphone business it bought with Motorola remains unprofitable.

"Lenovo is as keen as Fujitsu to close a deal soon, so that it can comfortably retain its No 1 PC crown," said Huatai Financial Holdings analyst Ken Hui, in a research note ahead of the earnings statement.

Lenovo is cutting jobs, selling assets and pushing into higher-end devices to weather shrinking demand and competition in PCs.

Three years after Lenovo closed its $2.9 billion acquisition of Motorola Mobility, the smartphone business remains well behind vivo, oppo and Huawei Technologies Co in terms of market share.

Its mobile business turned in an operating loss of $112 million after revenue slid 23 percent to $2.2 billion. Worldwide smartphone shipments dived 26 percent as its market share slipped to 3.5 percent.

Lenovo had pinned its hopes on premium phones, such as one with augmented reality capabilities, to help stabilize the division in the second half and revive its faltering consumer business. Yet it has relinquished smartphone market share at home to rivals that are winning users over with aggressive sales tactics and nationwide store coverage.

Phone shipments, including Motorola's, dived more than 30 percent in 2016, Counterpoint Research estimated. The company was ranked ninth globally during the holiday quarter, ahead of Alcatel but behind South Korea's LG.

Lenovo has said it expects the smartphone business to turn profitable this year, though a paucity of new models cast doubt on its outlook, BOCOM International analyst Chris Yim wrote in a note ahead of the earnings.

 Lenovo's December quarter profit misses estimates

A man demonstrates a prototype VR headset at the Lenovo booth during CES unveiled before CES International in Las Vegas. The VR headset tracks head movements using cameras in the headset. AP

Highlights
Hot Topics

...
主站蜘蛛池模板: 久久无码精品一区二区三区 | 亚洲美女在线观看播放 | 国外免费精品视频在线观看 | 亚洲国产精品xo在线观看 | 久久成人国产精品免费 | 免费a级毛片无码 | 欧美日本高清 | 国产免费拍拍视频在线观看网站 | 国产精品极品美女免费观看 | 一级午夜免费视频 | 999精品视频在线观看 | 国产一级毛片免 | 午夜国产高清精品一区免费 | 99re7在线精品免费视频 | 久久在线观看免费视频 | 久久久久国产免费 | 生活毛片 | 香蕉视频国产精品人 | 人人草在线视频 | 国产白拍| 国产又色又爽又黄的网站在线一级 | 91在线播放免费不卡无毒 | 国产精品合集一区二区 | 六月婷婷精品视频在线观看 | 欧美视频一区在线 | 在线播放国产色视频在线 | 全黄a免费一级毛片人人爱 全黄一级裸片视频在线观看 | 国产精品网站在线观看 | 高清性色生活片欧美在线 | 男女性高清爱潮视频免费观看 | 国产精品日日摸夜夜添夜夜添1 | 国产精品小视频在线观看 | 国产伦理自拍 | 成人国产三级精品 | 国模久久 | 91视频一区二区 | 黄色仓库在线观看 | 99精品免费在线 | 成人午夜电影免费完整在线看 | 大尺度做爰床戏呻吟免费观看91 | 99热这里只有精品国产免费 |