|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.6750 - 0.6825|
|52 Week Range||0.5600 - 0.9500|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||12.19|
|Forward Dividend & Yield||0.03 (4.10%)|
|1y Target Est||N/A|
With strong earnings as a ballast to its bold strategy, Lenovo is looking like a force to be reckoned with in the tech market.
It’s a pretty minimalist take on the smart screen designed for the very specific purpose of living next to your bed. Today, Google’s bringing a handful of new features, attempting to walk that line by adding functions without making the bedside product overly distracting. The addition of Google Photos is a no-brainer, using the app to double as a small-screen digital picture frame while it sits idle.
Lenovo's warning amid mounting business uncertainty due to the U.S.-China trade war cast doubt on its sales outlook and took the shine off forecast-beating quarterly results where robust PC sales helped the company more than double its profit. U.S. President Donald Trump said this week that he would postpone imposing an additional 10% tariff on Chinese-made products including tablets and laptop computers until December, but would still impose the tariffs on desktops from September. "Retail prices for products like PC and smartphones will increase if (U.S.) tariffs increase," Lenovo Chairman Yang Yuanqing told an earnings call on Thursday.
Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust sales of personal computers. U.S. President Donald Trump said this week that he would postpone imposing an additional 10% tariff on Chinese-made products including tablets and laptop computers until December, but would impose the tariffs on desktops from September. The global PC market grew 1.5% in the June quarter after falling for two consecutive quarters, as threats of increased U.S. tariffs on Chinese goods prompted some manufacturers to frontload shipments, industry analysts said.
China technology stocks Lenovo and Xiaomi are both popular with investors. But here are three reasons why I think Lenovo is the better pick.
The Echo team must have started sweating when the Lenovo Smart Clock was announced during CES. Deep inside Seattle’s Day One building, Amazon was reading the release of the Echo Show 5, a pint-sized version of the company’s smart screen that bore more than a passing resemblance to Lenovo’s Google Assistant device. Amazon, of course, beat Google to the category by years with the first Echo Show and innovated the bedside model with the Echo Spot.
When Amazon released the Echo Spot in 2017, I praised it for being an adorable Alexa-powered smart clock. Yet, I thought its $130 asking price was a little high and having a camera by your bedside does feel a little creepy. This year, Lenovo and Google unveiled a product I found a lot more compelling: the Lenovo Smart Clock.
When you name a product Project Limitless, it better truly have no limits. But the 5G laptop that Lenovo so boldly named and teased here at Computex 2019 was precisely the opposite: limited. Granted, this was a prototype device that isn't entirely ready, but we still wanted to get an early preview of what it's promising when it launches. Lenovo and Qualcomm don't have many details to share, other than the fact that Limitless will use a Snapdragon 8cx chipset and support 5G connectivity .
President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods — but Chinese PC-maker Lenovo is prepared to shift its production if that happens, says its CFO Wai Ming.
Tech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war. Dual-headquartered in China and the United States, the world's largest PC maker on Thursday said it is "well poised to navigate the turbulence in the geopolitical and macro-economic environment". The United States has sought to address what it believes is imbalanced trade with China, unleashing waves of tit-for-tat import tariffs on billions of dollars worth of goods.
The Chinese computer maker’s focus on higher-margin products will offer investors some comfort that management’s turnaround strategy has been successful. While there’s no evidence to suggest Lenovo has committed any infractions worthy of U.S. wrath, the White House’s new offensive isn’t entirely predictable.
Key InsightsPC makers shipped 4.6% fewer devices in the first three months of 2019 from a year earlier, Gartner estimatesThe loss-making data center division boosted sales 2.3% to $1.25 billionMobile division revenue climbed 15%Lenovo, like other Chinese tech giants, has to grapple with rising tensions with the U.S. that may depress its performance in the key North American market.“Trade tensions and potential tariffs may be key to Lenovo’s near-term thesis, even as its large PC segment likely stayed healthy,” Anand Srinivasan, an analyst with Bloomberg Intelligence, said before the results were released.
Supply is proceeding as usual, Lenovo said in a statement on Weibo Sunday. The computer maker will continue to sell its products and services to Huawei based on regional regulations where Lenovo operates, it added. U.S. President Donald Trump signed an order this month seeking to restrict Huawei and fellow Chinese telecommunications company ZTE Corp. from selling their equipment in the U.S.
Lenovo and Google are taking on the Amazon's Echo Spot. The pair is serving up a new smart clock designed to make you hate mornings a little less. Yahoo Finance Tech Editor Dan Howley joined 'The Final Round' to discuss.
Lenovo CFO Wong Wai Ming says the company has "various options" if the United States decides to implement tariffs on an additional group of Chinese goods.