Monday, March 4, 2013

HP announced fiscal 2013 Q1 earnings: net profit of $ 1.232 billion and the year-on-year decrease of 16% compared





HP today announced earnings for the first quarter of fiscal year 2013, reported its first-quarter net revenue of $ 28.4 billion, down 6% over the same period last year; net profit reached 1.232 billion U.S. dollars over the same period last year, net profit down 16% from $ 1.468 billion. Although have declined, but the revenue has exceeded the expectations of market analysts.

HP CEO Meg Whitman Meg Whitman said in a statement: in the next few quarters the company will promote a number of projects and new innovative products to the market, the entire fiscal year 2013 will also benefit because the restructuring plan . Of course, this is to the company's own cheer, specifically, how will depend on the ultimate financial performance. Points in accordance with the business units, the performance of the various departments of the Personal Systems Group, Print Group, Enterprise Group, Software Division were to decline, the only growth in the financial services sector, but the growth is not sufficient to make up for other departments to bring Revenue fell. But their old rivals in the U.S. market, Dell suffered a revenue and profit decline , so the new fiscal year for HP, the road is not flat.

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