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Lenovo’s Net Profit Nearly Doubles

August 18, 2011
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Wall Street Journal: Lenovo has reported that net profits for the most recent quarter reached $108.8 million, up from $54.86 million the year before. Revenue rose 15 percent year over year. Those results make Lenovo the third largest PC manufacturer, behind HP and Dell.

Lenovo bought IBM’s PC business in 2005.

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