Lenovo reported a first quarter net loss as revenue skidded 18 percent because of weak enterprise spending.The company reported a net loss of $16 million, or 18 cents a share, in the first quarter, on revenue of $3.
Lenovo said Monday that it will preload Novell's SUSE Linux Enterprise Desktop 10 on ThinkPads. In the announcement Lenovo said that the desktop flavor of SUSE will be loaded on the ThinkPad T Series, which targets business customers.
Dell is the latest PC vendor to update its small business lineup and it's clear that there will be a real battle between HP, Lenovo and others to target that market. Why the interest? We're all small businesses and if we're not today we will be at some point in the future.
Lenovo on Thursday confirmed that it is talking to "independent third parties" about potential acquisitions and investments.In overseas trading Wednesday--Lenovo trades on the Stock Exchange of Hong Kong--shares spiked 27 percent in heavy trading on various reports that the PC maker was going to pull the trigger on acquisitions.
Lenovo wants to be seen as a "personal cloud solution" provider more than a PC manufacturer. Acer also gets cloud happy.
Lenovo has reportedly emerged as the leading candidate to buy Palm after HTC bowed out, but would the PC maker really pull the trigger? Logic dictates that Lenovo is an unlikely savior.
What's notable about the BRIC approaches is that tech giants all have a unique spin. The common theme: The future of enterprise IT growth lies outside the U.S.
On today's podcast:Thoughts on NTP's latest patent lawsuit.Why Office 2007 sales are doing well.
Lenovo has the relationships, know-how, support and sales team to grab a foothold in the corporate tablet market, which is up for grabs as RIM, HP and Cisco jockey for position.