Lenovo report[ed] a gross profit of $205 million on $9.4 billion in revenue. Not bad for a company that conventional wisdom says should be floundering.
Lenovo's sparkling results stand in contrast to the resentment-soaked PC shipment numbers that Acer reported this week. While Windows 8 is working out pretty well for Lenovo, Acer can't say the same. And it's pretty bitter about it.
"The whole market didn't come back to growth after the Windows 8 launch. That's a simple way to judge if it is successful or not," Acer president Jim Wong told Bloomberg yesterday.
So how do you explain Lenovo's success? Pretty simply, really: Its devices don't stink.