techlone writes "BEIJING (AP) — Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 34 percent to a record high on strong sales of smartphones and tablet computers.
The company, vying with Hewlett-Packard Co. to become the world’s biggest PC maker, said it earned $205 million in the three months ending in December. Revenue rose 12 percent to $9.4 billion, also a record.
The results reflect a rapid shift in global consumer tastes toward mobile services. That is forcing traditional technology leaders to scramble to roll out new products and diversify into services as well as hardware." Link to Original Source