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Companies

Lenovo posts 6% profit growth amid strong services sales

Non-PC businesses show promise as computer sales decline

Even as global PC sales fell, Lenovo reported 29% year-on-year growth in quarterly operating profit in its solutions and services business.   © Reuters

SHANGHAI -- Lenovo's net profit grew 6% on the year in the July-September quarter, the Hong Kong-based computer giant reported Thursday, with services showing strength amid slumping global PC sales.

Sales of servers and business solutions helped push up profit to $541 million. Overall revenue fell 4% to $17 billion.

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