Lenovo reports Q4 profit of $33M, down 69% YoY, and revenue of $10.6B, up 11% YoY, with no recovery in its smartphone business and PC market remaining stagnant (Bloomberg)

Bloomberg:
Lenovo reports Q4 profit of $33M, down 69% YoY, and revenue of $10.6B, up 11% YoY, with no recovery in its smartphone business and PC market remaining stagnant  —  – The No. 2 PC maker grows sales the most in over two years  — The company is now counting on datacenters to drive growth