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Joined: Aug 2004
Posts: 22,315
Wiki Master
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Wiki Master
Joined: Aug 2004
Posts: 22,315 |
Booming sales of laptops, printers and servers helped Hewlett Packard (HP) beat Wall Street profit forecasts for the three months to 30 April.
The world's biggest maker of PCs earned $1.78bn (£900m) - or 65 cents per share - slightly down from $1.9bn at the same time last year.
However, the company put the dip down to a big tax gain which was recorded in the same period last year.
Looking ahead, HP expects to rack up a record $100bn in sales this year.
Sales in the quarter rose 13% to $25.53bn as demand for personal computers, including laptops and servers soared.
In its lucrative imaging and printing group, revenues also rose 6% to $7.2bn. Tis good see HP doing well, they make some wonderful products and are one of the few manufacturers of PC's I would buy. BBC News Report
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