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HP Reports Mixed Quarter on Weak PC Sales

HP’s profit for the quarter ended Jan. 31 was US$1.36 per share before unusual items, up 27 percent from a year earlier. Revenue from HP’s services division declined 2 percent from last year to $8.6 billion. The company saw good growth from its commercial PC business but it was offset by weak sales to consumers. CEO Leo Apotheker is in the midst of a minor makeover to improve its profitability and competitiveness. He’s due to outline his plans for the company at an event in San Francisco next month.”]

Source: https://www.csoonline.com/article/2127113/hp-reports-mixed-quarter-on-weak-pc-sales.html

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