Lenovo reported a 31 percent jump in net profit for its first quarter ended June to $213 million, beating an average $107.48 million which was predicted by the cocaine nose jobs of Wall Street.

Meanwhile the company's revenue increased seven percent to $13.3 billion.

“The PC market significantly outperformed the industry forecast of a market decline. Looking to the future, the company expects this strong PC demand will be a long-term trend.”