BEIJING—Sales of personal computers might be on the wane, but at least there is real estate. Electronics manufacturer Lenovo Group Ltd. posted fiscal first-quarter earnings Thursday that beat analysts’ estimates, but only because of the sale of a property in Beijing. Its sales of PCs and mobile devices continued to decline. Lenovo reported operating profit, a metric that investors use to gauge a company’s performance, of...

Source: Wall Street Journal August 17, 2016 23:55 UTC