Lower PC sales hamper Lenovo’s revenue in fiscal 2023
Lenovo suffered greatly for its final results for fiscal year 2023 due to lower PC sales. As a result, total sales for this fiscal year remained stuck at $62 billion.
Compared to 2022, total sales fell 14 percent to $62 billion. In the previous year, it was $71 billion. The main cause was the de... Read more
US tech executives sold 3.6 billion dollars in company shares in May
American executives of large tech companies sold 3.6 billion dollars (3.3 billion euros) in company shares in May. According to financial data collected by FinWiz.
While stock markets around the world are struggling with the consequences of the ongoing corona crisis, many board members of large ... Read more
Box third quarter exceeds analysts’ expectations
Box has exceeded analysts' expectations in the third quarter of this year. The company also says it expects to be profitable for the first time in the fourth quarter.
"With over 40 percent growth in contracts worth more than $100,000 and our add-on products growing to over 80 percent of these contra... Read more