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Hewlett-Packard Profit Down 16%

Hewlett-Packard Co.'s first-quarter earnings declined 16% as the technology giant continued to see weaker sales in its core personal computer business, though adjusted profits beat the company's expectations.

 

HP U-turn to keep PC and tablets

HP U-turn to keep PC and tablets

Hewlett Packard says it has reviewed a plan to sell-off its personal computer division and it now intends to keep it.

Senh: Those flip-floppers. I'm sure all those Touchpad owners are overjoyed; they got their tablets for just $100.

 

HP kills TouchPad, may spin off PC business

HP kills TouchPad, may spin off PC business

In a dramatic reshuffling, Hewlett-Packard Co. said it will end its tablet computer and smartphone products and may sell or spin off its PC division, bowing out of the consumer businesses.

 

H.P. Profit Up 5%, but PC Sales Are Declining

The company revised its forecast for the current quarter, indicating worries about the impact of the Japan earthquake, softness in sales of PCs and lower operating profits in its services unit.

 

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