Hewlett-Packard Q1 earns rise 26 percent
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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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Shares of Network Appliance jumped more than 11 percent during Wednesday&#39;s trading after the storage maker reported a robust 38 percent rise in first quarter revenue.
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Hewlett-Packard Co.  said on Tuesday quarterly profit rose 26 percent, helped by strong performances in its printer and personal computing businesses.
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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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Hewlett-Packard Co.  on Tuesday said quarterly profit topped its own lowered expectations as the computer and printer maker saw record revenues in every business and every region.
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IBM reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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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.
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By JORDAN ROBERTSON   Associated Press writer  SAN JOSE, Calif. -- Hewlett-Packard Co.
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Hewlett-Packard Co. on Tuesday said quarterly profit topped its own lowered expectations as the computer and printer maker saw record revenues in every business
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The Oracle Corporation reported Tuesday that first-quarter earnings had risen 16 percent on strong demand for its flagship database programs, enabling the company
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H.P.âs 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 Co. HPQ.N on  Tuesday posted a quarterly profit that topped its own  diminished expectations as the computer and printer maker said  it had record revenues in every business and every region.
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By George Chamberlin , Daily Transcript Financial Correspondent. Stock prices moved sharply higher Wednesday, pushed by a strong earnings report from Hewlett-Packard and a blockbuster deal in the retailing sector.
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The computer maker is pulling further ahead of second-place rival Hewlett-Packard, according to new third-quarter shipment figures.
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Hewlett-Packard Co  on  Tuesday reported higher-than-expected quarterly earnings and  forecast results ahead of Wall Street targets as it sold more  PCs and server computers, sending its shares up 6 percent.
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SAN FRANCISCO: Hewlett-Packard Co said on Tuesday its quarterly profit rose 27% as the computer and printer maker saw record revenues in every business and every region and fixed problems with its server and storage unit, sending shares higher by 8%.
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Riding on record revenue across all its business segments, Hewlett- Packard Co. delivered surprisingly strong financial reports for its fiscal fourth quarter, with profit up 26.5 percent.