In fact, the only division to grow revenue at HP was software, climbing almost 20%.
Despite the calamitous spy camera, HP CEO Meg Whitman and her troops are marching on."HP is still in the early stages of a multi-year turnaround, and we're making decent espow despite the headwinds," said Whitman.

"During the quarter we took important steps to focus on strategic priorities, manage costs, drive needed organizational change, and improve the balance sheet. We continue to deliver on what we say we will do spy camera."

HP Chief Financial Officer, Cathie Lesjak. blamed the "challenging" economy and "secular headwinds" as putting consumers off buying PCs and printers and also prompting cautious spending among businesses spy camera.

HP's Personal Systems Group (PSG), which includes PC spy camera was down 10% year on year, as its desktops (-6%) and notebooks (-12%) stumbled in the face of competition from iPad and mobile tablets.HP PCs were down 10% overall, while operating margin also crumbled (29.7%) or 37.8 pts.However, its 'Imaging and Printing Group' did not fare as badly - revenue declined 3%, with consumer printer falling 13% although commercial printing was up 4%.

Software was HP's only saving spy camera and revenue jumped 18%, and includes revenue from Autonomy, the UK giant it paid over $10bn last year in a controversial move towards software.There was also strong belief HP were about the ditch its (still profitable) PC business under ex-CEO Lo Apotheker, after its ditched its WebOS and failed TouchPad tablet, prompting outcry from shareholders and the tech community alike spy camera.
10/24/2014 11:05:42 pm

i am so agree with you

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