After several quarters of sales declines and going through a management shakeup, the Lenovo server business group can savor a new report from research firm IDC indicating the worse may be over. The news is even better for IBM.
Read MoreThe outlook is grim for global tech giant Lenovo, reports Bloomberg News with analysts saying shareholders should sell after concluding they don’t see much of a chance for a turnaround. Even its chairman is grim.
Read MoreMeg Whitman is the choice to serve as CEO of the new mobile entertainment platform being developed by Jeffrey Katzenberg.
Read MoreA new report out Monday from research firm Gartner says Lenovo’s server shipments plunged 33.5 percent year-over-year in the third quarter even as revenues across the server industry surged more than 5 percent.
Read MoreEditor’s note: Hewlett Packard Enterprise is bringing 2017 to a close strongly with a $7.7 billion quarter and looks to the future under a new CEO as long-time leader Meg Whitman announces her departure. Technology Business Research Analyst looks at HPE’s next moves. HAMPTON, N.H. – HPE endsed FY2017 with the announcement of Meg Whitman’s upcoming replacement by Antonio Neri in early 2018. In CY3Q17, Hewlett Packard Enterprise (HPE; NYSE: HPE) achieved $7.7 billion in revenue. TBR believes portfolio shifts made thus far in 2017, including the finalization of spin-merges and a series of strategic acquisitions position the vendor...
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