Fourth-quarter profits jump by 25 percent as laptop, desktop, and smartphone sales all rise.
While iPad shipments took a dive in the first quarter, Apple still has a comfortable lead in the global PC market that includes tablets, laptops, and desktops. And Lenovo is gaining ground.
Motorola's revenue actually ticked up from a year ago as it shows some signs of progress.
The device will reportedly come with a 5.3-inch screen, a 13-megapixel rear-facing camera, 5-megapixel front-facing camera, and Android 4.2.2 (Jelly Bean).
Rick Osterloh becomes new chief operating officer, as Motorola readies its shift to Lenovo, which is fast bulking up as a supplier of everything from smartphones to servers.
Lenovo has issued an Australian product recall for a number of ThinkPad notebooks due to a problem with overheating batteries.
The Chinese computing giant, which also plans to purchase Motorola, reached a deal to acquire 21 patent families related to 3G, 4G, and other mobile technologies.
With a 4,000mAh battery, Lenovo reckons this phone will manage 24 hours of 3G talk time, and will even charge your other gadgets via a USB cable.
Lenovo's new mobile will set you back a modest $229. Check out our hands-on video now.