Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced

Unfortunately for Kodak, other companies had no such concerns. Digital cameras caught on in a big way, and consumers had every brand to choose from except Kodak. They didn’t cave and make a digital camera until it was way too late. Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its second fiscal quarter ended September 30, 2016. Revenue was US$11.2 billion, an eight percent decrease year over year, yet a 12 percent increase over the first fiscal quarter ended June 30, 2016. Pre tax income for the second quarter was US$168 million, a significant turnaround from last year second quarter loss of US$842 million.

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