HP, red-faced but still selling
235934
Revelations that HP supervised an extensive investigation of some of its directors, journalists and a few employees have blemished its reputation. The New York Times
335226
Hewlett-Packard Co.  will be under pressure to sell its personal computer business after IBM's decision to sell its PC operations to China's top PC manufacturer, but analysts said the No. 2 computer maker would hold on to its &#36;25 billion PC division for now.
304582
Hewlett-Packard reported solid financial results for its fiscal first quarter, driven by growth in PCs and enterprise hardware. The results prompted HP to raise its forecast for the year ahead.Revenue for the quarter, which ended Jan. 31, was $28.5 billion, up 13 percent from a year earlier, HP announced Tuesday. Pro forma net income was $2.3 billion, or $0.86 per share, up from $1.8 billion, or $0.65 per share, a year earlier.The figures beat the expectations of financial analysts, who had forecast revenue of $27.6 billion and pro forma earnings per share of $0.81, according to Thomson First Call. The pro forma figure excludes one-time items that slightly inflated the results. Using generally accepted accounting principles, HP&#39;s profit was $2.1 billion, or $0.80 per share.HP&#39;s Personal Systems Group, which produces its laptop and desktop PCs, grew its revenue 24 percent from the same period a year earlier, to $10.8 billion, with unit shipments up 27 percent. Notebook sales climbed fastest, up 37 percent, while desktop sales climbed 15 percent.The division had already been doing well. HP extended its lead over Dell in PC sales last year, according to figures from Gartner. HP ended the year with 18.2 percent of the market, compared with 14.3 percent for Dell. The PC market overall grew 13.4 percent.HP may find it hard to sustain that growth rate, in part because it has to make comparisons with increasingly successful quarters in the year before, CEO Mark Hurd said on a conference call. Still, Hurd said, &quot;when you look at 24 percent growth, I think that&#39;s pretty darned strong.&quot;HP&#39;s imaging and printing group performed slightly less well, with revenue climbing 4 percent to $7.3 billion. Printer unit sales declined by 1 percent from a year earlier, thanks to weakness in the consumer market. Revenue from supplies, which includes HP&#39;s profitable ink business, climbed 6 percent, however.Revenue from the servers and storage group climbed 9 percent to $4.8 billion. Sales of blades and industry-standard servers were strong, while HP&#39;s PA-RISC and Alpha chip businesses continued to shrink. Services revenue climbed 11 percent year-over-year to $4.4 billion, while software sales climbed 11 percent to $666 million, HP said.Hurd said he was pleased with the results overall. He attributed them to successful cost-cutting efforts, the addition of 2,000 new HP sales staff in the past year, and a diverse product portfolio.HP generates an increasing amount of its business overseas, he said. Its biggest market continued to be Europe, the Middle East and Africa, where revenue grew 15 percent to $12.3 billion. Asia-Pacific revenue climbed 22 percent to $4.9 billion. Growth in the Americas was a sluggish 8 percent, generating $11.2 billion.&quot;We generated 69 percent of our revenue outside the U.S., with emerging markets driving significant growth,&quot; Hurd said.The company now expects second-quarter revenue of $27.7 billion to $27.9 billion, and pro forma earnings per share of $0.83 or $0.84. That&#39;s above what analysts polled by Thomson had been estimating: pro forma profit of $0.82 and revenue of $27.4 billion.
737993
Although operating margins at Hewlett-Packard are improving, they still are below peer levels.
392367
Palm is still profitable but it can't thrive in the long run, according to a noted industry analyst. So now is a good time for the company to put itself up for sale.
363621
Direct sales aren't working the same magic they once did for the PC maker. Can it now cash in at retail?
345872
Can't get good help HP once hurled robots and processor spays at customers, as its answers to cooling data centers. Today, it's only selling air conditioning sensors.â¦
676317
CHICAGO -- This cannot be an easy time for Ann Livermore. When Hewlett-Packard Co. (HP) missed Wall Street's earnings expectations late last week, the blame was placed squarely on the shoulders of the Enterprise Servers and Storage Group, one of the divisions she manages. "Unacceptable" problems within the group cost HP $400 million in revenue and $275 million in operating profit, said HP Chairman and Chief Executive Officer Carly Fiorina just hours before HP announced the sacking of three senior executives within the division.
201488
All's still not well in the higher echelons of Hewlett-PackardÂ as revealed in a filing the company made to the U.S. Securities & Exchange Commission (SEC).
731799
Part of Hewlett-Packard's Chinese operations is up for sale as the company's Chinese partner looks to sell its stake.
734503
Buying a computer should be easy -- almost anything sold today should competently handle most home-computing chores. But it's not, since so many companies market essentially the same machine.
209322
CEO says firm saw no sales slowdown. Could results help calm waters after bad news from HP and Cisco?
759200
RedEnvelope is still in the red. Do investors have something to cheer about?
518780
By MAY WONG    SAN JOSE, Calif.  -- Hewlett-Packard Co...
548423
An executive said laptop sales are on track, despite a report that HP is reigning in PC orders.
652893
SAN FRANCISCO--Hewlett-Packard plans to give customers a new weapon against viruses: Software that crimps their spread. Early next year, the computer maker will begin selling software designed to slow the
366490
Sun Microsystems is trying a new marketing strategy ... giving away its new Solaris 10 operating system for free! &quot;Hewlett Packard sells a printer at a low price and makes a lot of money on printer cartridges.