Revenue Growth For Lenovo In 2Q15 Obscures Unfamiliar Challenges For Its PC And Smartphones Business: TBR
YoungUpstarts
AUGUST 14, 2015
Heightened competition in PC markets, particularly from HP and Dell, has driven Lenovo’s PC ASPs down 6% from 2Q14, taking with it gross and operating profit that it intended to reinvest into sales and marketing initiatives for its mobile segment outside China and foster enterprise growth in the U.S. and Europe.
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