The PC business has fallen from 81% to 65% per cent in Lenovo's revenue account yesterday, according to Lenovo's third-quarter quarterly results as of December 31, 2014, showing its investment in mobile phones, servers, and so on.
In the quarter, Lenovo's total turnover amounted to 14.1 billion U.S. dollars, an increase of 31% per cent, a net profit of 253 million dollars, down 5% per cent, and if the cost of amortization and acceptance of the intangible assets generated by the acquisition of Motorola and IBMx86 server business is not counted, Lenovo's net profit for the quarter was $327 million, an increase of 23% per cent year-on-year.
"The two new mergers and acquisitions business has shown good momentum in the first quarter of consolidation, becoming the new growth engine," said Yang, chairman and CEO of Lenovo Group. ”
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