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Lenovo Posts First Quarter Profit as Recovery Continues

Chinese technology giant Lenovo Thursday recorded a sharp rise in first-quarter net profit as the company’s turnaround gathered pace. The PC maker posted a $77 million (roughly Rs. 541 crores) net profit in the quarter to June 30 – up from a $72 million loss in the same period last year. “The Group remains confident in its core PC business, and ...

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Apple CEO Calls $1 Trillion Value a ‘Milestone’ but Not a Focus

Apple Chief Executive Tim Cook said on Thursday that the iPhone maker’s $1 trillion (roughly Rs. 68.7 lakh crores) market capitalisation was “not the most important measure” of the company’s success but was instead a result of its focus on its products, customers and company values. In a memo to Apple’s more than 120,000 employees that was seen by Reuters, Cook ...

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Intel Data Centre Results, Margin Outlook Disappoint

Intel Corp’s fast-growing data centre business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices, and it again delayed the release of its next-generation chips until the end of 2019. The company’s shares fell almost 5 percent in extended trading. Sales to data centres that power mobile and web apps, which bring ...

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MSI PS42 Professional Notebook, GF63 Gaming Laptop With 8th-Gen Intel Core Processors Launched in India

MSI on Thursday launched the PS42 professional notebook in India. The new Window 10 running notebook, which is the first in the Prestige-Series, is targeted at professionals. It features a built-in fingerprint sensor and is powered by an eighth-generation Intel Core i7 processor along with Nvidia GeForce discrete graphics. The Taiwanese company has also brought its gaming notebook GF63 that ...

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