More money that they alll put to waste

Lenovo Group announced Group revenue in the first quarter of US $13.3 billion, up almost 7% year-on-year (up 10% year-on-year excluding currency impact). Pre-tax income grew 38% compared to the same quarter a year earlier, to US $332 million, while net income also increased by 31% year-on-year to US$213 million. Basic earnings per share for the first quarter were 1.80 US cents or 13.95 HK cents.

"Our outstanding performance last quarter proves that Lenovo has quickly regained momentum from the impact of the pandemic and is capturing the new opportunities emerging from remote working, education and accelerated digitalization," said Yang Yuanqing, Lenovo Chairman and CEO. "While the world continues to face challenges, Lenovo is focused on delivering sustainable growth through our core businesses as well as the new services and solutions opportunities presented by our service-led intelligent transformation."

It has nothing with smart managers - but more of corporations buying big stock of notebooks for workers to work at home. Plus small business got lot fo them in retail.

Remember - people are brainwashed to buy almost unserviceable modern notebooks, instead of proper desktops.