Lenovo profits are down a staggering 75%

To me, this is kind of a good thing since it points to computers increasingly becoming akin to durable goods rather than "replace it every 2-3 years" electronics. Which they should be - your average (i.e. non-hardcore gamer and non-developer) computer buyer probably doesn't have needs that demand even last-gen hardware, let alone what will be available in another couple years. Now that the pandemic demand glut is satisfied, people hopefully won't need another computer for 5 years or more. Less turnover sales = less e-waste.

Also on a side note, Lenovo absolutely trashed the Thinkpad line and I hate them for it. My last three work computers assigned to me were all Thinkpads and they have consistently been absolute garbage compared to the IBM-era machines.

I always take "profits" with a grain of salt.

It is so easy to manipulate them and in the end they are a highly leveraged statistic.

For example, this "staggering" drop in profits is attributed to one time "workforce restructuring charges" ie a tax write down rather than changes in operating revenue and expenses.

How much of that lost is directly related to Intel and how they're soo behind in tech with thinkpads?