Lenovo following the results of the financial quarter reached a profitable level

Chinese company Lenovo, one of the world's largest personal computer manufacturers, following the results of the fiscal quarter ending June 30, reported a net profit of $77 million against a net loss of $72 million a year earlier. Positive results were achieved due to increased profitability of all major divisions. Revenues amounted to 11 billion 913 million dollars, having increased by 19%. In the segment of mobile devices that became unprofitable after the purchase of Motorola Mobility from Google in 2014, the company reduced operating expenses by more than $100 million and provided new products. The operational loss from operations on release of mobile devices was reduced 2 times. The revenue of the department in the sphere of data centers grew by 67.8%.

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