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Motorola helps Lenovo ship record number of smartphones, but it also inherits Moto’s falling profits

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Lenovo’s first full quarter since it completed the acquisition of Motorola from Google brought good news and bad: smartphone shipments and revenue up, but profits down.

TechCrunch reports that Lenovo shipped a record 18.7M smartphones in the final quarter of 2014, reported now, with year-on-year revenues up 21% – but profits fell 37% … 
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