Lenovo’s infrastructure group posts a year of profits

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After years of losses, Lenovo's infrastructure group posts 12 months of profits

"We had records in Cloud, all-time records, as well as a Q2 record in Enterprise and Small and Medium Business," he told investors, adding that the group also posted"records in traditional NAS and SAN markets and hyper converge and in cloud-based storage."

"It was broad-based from a geography perspective with all-time records in Europe, Asia, Pacific, and Americas." But while execs from Lenovo's PC-centric Intelligent Devices Group and consultancy-led Solutions & Services Group both spoke of working to defend and improve margins, Skaugen did not.by using its PC salesforce to shift servers. But it remains to be seen how it runs a low-profit business while facing larger and deeper-pocketed rivals, even as cloud continues to offer buyers all manner of alternatives to on-prem hardware.

 

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