Some of Our Sources
- Engadget
- Web Designer Wall
- Smashing Apps
- Abduzeedo
- TutsPlus - Design
- Web Designer Depot
- FanExtra - PSD
- Noupe
- Freelance Switch
- Daily Now
Help Webnuz
Referal links:
February 22, 2012 09:22 pm EDT
HP reported results for its first fiscal quarter of 2012 this afternoon, including $30 billion in net revenue (down seven percent from the previous year), and net earnings of $1.5 billion (down a full 44 percent). Partly contributing to that drop is a slump from its Personal Systems Group, which saw revenue slip 15 percent year-over-year, and total desktop and notebook units decline a rather drastic 19 and 18 percent, respectively. The company's Imaging and Printing Group also saw a seven percent decline in revenue, with the total number of printer units slipping 15 percent. HP's services business managed to eke out a one percent growth with revenue of $8.6 billion, though, while its software business saw the biggest growth in any one area at 30 percent (that includes results from the recently-acquired Autonomy). The full rundown can be found in the press release after the break, with additional numbers available at the source link below.
HP ||Comments
Original Link: http://www.engadget.com/2012/02/22/hp-reports-q1-2012-earnings-30-billion-net-revenue-1-5-billi/
HP reports Q1 2012 financials: $30 billion net revenue, $1.5 billion net earnings, big drop in PC sales
HP reported results for its first fiscal quarter of 2012 this afternoon, including $30 billion in net revenue (down seven percent from the previous year), and net earnings of $1.5 billion (down a full 44 percent). Partly contributing to that drop is a slump from its Personal Systems Group, which saw revenue slip 15 percent year-over-year, and total desktop and notebook units decline a rather drastic 19 and 18 percent, respectively. The company's Imaging and Printing Group also saw a seven percent decline in revenue, with the total number of printer units slipping 15 percent. HP's services business managed to eke out a one percent growth with revenue of $8.6 billion, though, while its software business saw the biggest growth in any one area at 30 percent (that includes results from the recently-acquired Autonomy). The full rundown can be found in the press release after the break, with additional numbers available at the source link below.HP reports Q1 2012 financials: $30 billion net revenue, $1.5 billion net earnings, big drop in PC sales originally appeared on Engadget on Wed, 22 Feb 2012 16:22:00 EDT. Please see our terms for use of feeds.
Permalink |HP ||CommentsOriginal Link: http://www.engadget.com/2012/02/22/hp-reports-q1-2012-earnings-30-billion-net-revenue-1-5-billi/
Share this article:
Tweet
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 (WIMore About this Source Visit Engadget