New Posts New Posts RSS Feed - HP Holding On
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

HP Holding On

 Post Reply Post Reply
Author
Salan View Drop Down
Senior Member
Senior Member
Avatar

Joined: 03 Aug 2008
Location: United States
Status: Offline
Points: 2994
Post Options Post Options   Thanks (0) Thanks(0)   Quote Salan Quote  Post ReplyReply Direct Link To This Post Topic: HP Holding On
    Posted: 18 Feb 2009 at 2:12pm
Hi All
 
I saw the following in the financial news today and thought that I would pass it on.  I looks like the industry is down a bit but the biggies are still holding on and turning a profit.

Hewlett-Packard Meets Street Estimates

AP
SAN FRANCISCO (Feb. 18) Hewlett-Packard Co. says its quarterly profit sank 13 percent, and revenue ticked up just 1 percent. Even the technology company's cash-cow printer ink business took a hit because of the recession.
 
HP cut its 2009 guidance, but it was still in line with Wall Street's expectations.
The Palo Alto, Calif.-based company says it earned $1.85 billion, or 75 cents per share, in the three months that ended Jan. 31. That compares with profit of $2.13 billion, or 80 cents per share, a year ago.
 
Without one-time costs, HP earned 93 cents per share, matching analyst estimates.
HP's sales of $28.8 billion fell short of Wall Street's forecast by more than $3 billion, however.
 
Copyright 2009 The Associated Press.
 
Alan
 
PS - I don't know if this is the type of thing in which  anyone is interested, but it effects the industry so I thought that i would pass it on.


Edited by Salan - 18 Feb 2009 at 2:14pm
CM HAF
I7 950
Zalman 9900LED
EVGA Classifed
12G Corsair Dom 1600
2 X BFG 285 OCXs
1500W Silverstone Strider
2 x Intel 80G X-25-M in Raid 0
LG BR Bnr, LG DVD Bnr
2 x WD 1T Blk
W7 Ult 64 Bit
Back to Top
smulla View Drop Down
Senior Member
Senior Member
Avatar

Joined: 22 Nov 2008
Location: United States
Status: Offline
Points: 1364
Post Options Post Options   Thanks (0) Thanks(0)   Quote smulla Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 2009 at 2:18pm
Interesting info thank you!
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Hello
Our systems indicate you are located in  .
CyberPowerPC can ship to UK via our UK website.
Would you like to access that region's site?
X