Hewlett-Packard sees signs of stability

Hewlett-Packard (HP) reported a drop in profits but pointed to signs of
stability in the market.

The world’s largest PC maker said its profit dropped 19 per cent in the latest
quarter, dragged by ongoing weakness in sales of personal computers,
software and printer ink.

But the company said that consumer spending on PCs was improving, helped by
price cuts. HP has been branching out aggressively into other areas, like
technology services and computer networking, but the PC business still makes
up nearly a third of its revenue.

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Laptop sales jump helps HP profit

Hewlett-Packard (HP) has reported a 21% jump in sales of laptops for the August to October period and a 99% rise in revenue from technology services.

The increase in services revenues follows HP’s acquisition of Electronic Data Systems (EDS). Read more

HP’s profits exceed expectations

The world’s biggest PC maker, Hewlett-Packard (HP), has beaten forecasts by posting a better-than-expected net profit in the fourth quarter.

HP said it made a $1.03 (£0.68) net profit per share excluding charges, 3% higher than the Wall Street analysts expected. Read more

Fire fear sparks battery recall

Laptop-makers including Hewlett-Packard (HP) and Toshiba are recalling 100,000 Sony-made batteries due to fears they may overheat or catch fire.

Sony said the recall came after 40 instances of overheating, including four cases where users had minor burns. Read more

Fire fear sparks battery recall

Laptop-makers including Hewlett-Packard (HP) and Toshiba are recalling 100,000 Sony-made batteries due to fears they may overheat or catch fire.

Sony said the recall came after 40 instances of overheating, including four cases where users had minor burns. Read more