Hewlett-Packard 4th-Qtr Net Rises on Server Rebound
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Hewlett-Packard Co., the world&#39;s No. 2 personal-computer maker, said fourth-quarter profit rose 27 percent, exceeding its forecast, as sales of servers rebounded and PC revenue set a record.
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By Fred O. Williams  Lucrative technology projects and lower employee benefit costs helped Computer Task Group Inc. lift its fourth-quarter profits to $1.1 million, up 57 percent from a year ago.  Sales for the quarter were about level with last year, at $78 million.
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By Chadwick, Philip  HP has posted improved results for the second quarter of the year with a boost in revenues for its imaging and printing division. Over the period, revenue grew by 6% to Pounds 3.6bn ($7.2bn) while revenue for commercial printer units improved by 21%.
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Lucent Technologies yesterday posted higher fiscal fourth- quarter earnings, helping lift the telecommunications equipment maker to its first profitable year since 2000.
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By JORDAN ROBERTSON  SAN FRANCISCO - Hewlett-Packard Co.'s first-quarter profit jumped 26 percent as the company benefited from higher sales of laptop computers, printers and printing supplies during a robust holiday spending season.
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Global revenue from server sales climbed to $11.5 billion in the second quarter, according to new data from Gartner. This represents a 7.7 percent revenue increase over the same period last year, the market researcher said Wednesday.
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InfoWorld - Hewlett-Packard launched a server based on&#160;Intel&#39;s new Tigerton quad-core Xeon processor&#160;Thursday, battling IBM for customers who run data-intensive business applications like enterprise resource planning and virtualization software.
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InfoWorld - Swelling demand for high-end systems in the fourth quarter pushed the global server industry to its highest annual revenue since the market peaked in 2000 as IBM&#160;and Hewlett-Packard held onto their top rankings.
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By JORDAN ROBERTSON SAN FRANCISCO - Hewlett-Packard Co.'s first-quarter profit jumped 26 percent as the company benefited from higher sales of laptop computers, printers and printing supplies during a robust holiday spending season.
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US stock futures rose on Wednesday, pointing to a higher market open, with strong earnings from computer and printer maker Hewlett-Packard Co.
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HPâs first-quarter net income grew 38 percent to $2.1 billion, as revenue climbed 13 percent to $28.5 billion, beating the muted expectations of Wall Street analysts.
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Hewlett-Packard (nyse: HPQ - news - people ) on Tuesday posted a 26.5% rise in fourth-quarter profit. For the three months ended Oct. 31, HP reported net income of $1.091 billion, or 37 cents per share, well
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Hewlett-Packard Co. said its quarterly profit rose 26%, helped by strong performances in its printer and personal computing businesses.
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SAN JOSE, Calif. _ Hewlett-Packard this week announced three initiatives to reduce workforce costs even as it reported strong growth in revenue and profit because of brisk holiday sales of consumer products such as laptops and photo printers.
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Hewlett-Packard Co.  on Wednesday posted a slight rise in quarterly profit, fueled by revenue gains across all of its businesses, and its shares rose more than 2 percent in after-hours trade.
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Hewlett-Packard Co. today reported net income for its fiscal fourth quarter of $1.09 billion, compared with $862 million during the same quarter a year earlier.
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Record revenue growth across all of Hewlett-Packard Co.&#39;s business units, particularly in its consumer electronics division, helped generate strong fourth-quarter earnings for the computer giant.