Hewlett-Packard profit down 17%

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May 20th, 2009 Leave a comment Visited 49 times, 1 so far today

Hewlett-Packard profit down 17%

Hewlett-Packard has come out with their latest revenue report and the company’s profit figures have come down 17%.

The company said that the sales of personal computers and printer ink were slow in the recent quarter.

HP’s chief financial officer, Cathie Lesjak admitted that it is too early to call if the market has seen its worse.

Intel on the other hand had recently stated that the market is recovering now and sales are likely to be good in the current quarter.

HP is the dominating personal computer maker in the world.





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