back to article Lenovo profits disappear

Lenovo saw its profits take a dive in the last quarter although PC sales were up over seven per cent - less than the market as a whole. Sales for the three months ended 30 September 2008 were $4.3bn and pre-tax income was $39m, down from $125m for the same three months of 2007. Lenovo's Chairman, Yang Yuanqing, said: "Due to …

COMMENTS

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  1. jezza

    strange..

    because their thinkpads are now rubbish compared to the IBM ones. bring back my t43 ;-)

  2. Anonymous Coward
    Thumb Down

    Blue Screens all round

    We have loads of T61 which blue screen all the time, and they weigh a ton.

  3. Paul
    Flame

    maybe it's because their reputation has crapped out?

    lenovo might produce some good laptops, but they also produce some cheap crappy ones!

    techrepublic recently had a discussion about it and a huge number of new registrants for their discussion forum appeared, all from India, all saying how wonderful lenovo were!

    ah, here it is: http://blogs.techrepublic.com.com/classic-tech/?p=178

    and here's where lenovo denied any wrong-doing: http://blogs.techrepublic.com.com/decisioncentral/?p=152

  4. Philipp Varley
    Coat

    Mine either

    Got a W500 few weeks ago. My 3rd and last Lenovo. I want copies of the first two IBMs I had...

    Mine's the one searching for IBMs

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