Lenovo has joined a laundry list of companies who have experienced dwindling revenue, posting a $16 million quarterly loss today. Despite a weak global demand, the company still reported growth in market share. Its loss during the quarter ending June 30 translates to $.18 per share, which compares to its $110 million profit only one year ago. Sales tumbled 17.9% from last year to $3.5 billion.

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A shame considering they make good products and I love their T Series models. Wish Icould afford one.

$16 million is really nothing to a company the size of Lenovo. In fact, a pretty small loss in comparison to what other manufacturers have been posting. I expect them to be around for quite a while - they put out some of the best products around.

You are correct. Sixteen million is hardly anything in today's computer marketing world, for Lenovo. Chump change. Let us see what happens next quarter. They market a great deal to companies with large sales forces. Those stopped hiring, and reduced their field force, but they will be back in time for Christmas.