Quarterly Earnings, Personal Computer | featured news

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.

 

Microsoft set to report lower profit on stale PC growth

Microsoft Corp is set to report a dip in earnings on Thursday, a year after the launch of its Windows 7 operating system blew away Wall Street estimates, as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market.

 

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