Updated Feb. 13, 2014 at 7:45 a.m.

Premium Lock Lenovo profits hit record $265M; CEO defends Motorola deal

Published: 2014-02-12 20:28:00
Updated: 2014-02-13 07:45:38

Lenovo's Innovation Center in Beijing Lenovo's Innovation Center in Beijing. (Lenovo photo) Image 1 of 3 · Next Image…

Lenovo's sales climbed 15 percent to $10.8 billion, beating estimates of 19 analysts compiled by Bloomberg. Net income climbed to $265.3 million, topping average of 12 analysts' estimates. Its chairman and CEO used the news announcement as an opportunity to defend Lenovo's $2.9 billion acquisition of Motorola Mobility....

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