HP is Still Growing!

Sledgehammer70Sledgehammer70 California Icrontian
edited August 2006 in Science & Tech
HP announced its Q3 profits, which show a massive surge with revenues climbing 5% to $21.9 billion year over year. Net earnings jumped from $73 million in the third quarter of last year to $1.38 billion in Q3 2006. According to chief executive officer Mark Hurd, general revenue growth as well as increased margins led the way to higher earnings.
The firm's personal systems group (PSG) remains the largest business of the company with revenues of $6.9 billion but is outpaced by other parts in terms of profitability: PSG warnings of $275 million were topped by the imaging and printing group ($884 million), enterprise storage and servers ($296 million) and services ($364 million). Revenues for these businesses were $6.2 billion, $4.1 billion and $3.9 billion, respectively.
It looks as if HP is becoming the new Dell... oh wait they have been doing that for sometime now.

Source: TG Daily
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