November 21, 2011 09:44 pm EDT

HP releases 2011 Q4 earnings: $9.7 billion operating profit for fiscal year 2011

It hasn't been the best year for HP, what with the demise of webOS and the uncertainty surrounding its status as a PC maker. But, Meg Whitman hasn't taken the bridge of a sunken ship, though things are far from peachy keen. HP just posted its Q4 2011 earnings, and the company cleared a healthy $9.7 billion operating profit in 2011, though that's down 10 percent from last year. And, revenue for the quarter was 32.1 billion, a three percent decline from 2010. So, the news isn't the best for you HP fans, but we'll be listening in on the earnings call later today, so stay tuned for more details. Impatient folks can find plenty more financial figures in the Source link and PR that follow.

Continue reading HP releases 2011 Q4 earnings: $9.7 billion operating profit for fiscal year 2011

HP releases 2011 Q4 earnings: $9.7 billion operating profit for fiscal year 2011 originally appeared on Engadget on Mon, 21 Nov 2011 16:44:00 EDT. Please see our terms for use of feeds.

Permalink | HP ||Comments

Original Link: http://www.engadget.com/2011/11/21/hp-releases-q4-earnings-9-7-billion-operating-profit-for-fisca/

View Full Article

Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

More About this Source Visit Engadget