Wednesday, July 8, 2009

HP: Earnings, Product Revenue, R&D All Drop Year to Year

Hewlett-Packard’s finally released its latest 10-Q after providing press, analysts, and investors with an earnings release last month for the quarter that ended on January 31. Perusing the document again shows why the full information can make for far more interesting, and informative, reading. HP continued to march away from product sales and toward services. Net revenue was flat for the period, with the quarter in 2008 showing $28.5 billion and, in 2009, $28.8 billion. The big difference is in the revenue split between products and services – and a continued significant drop in spending on R&D


for details visit
http://industry.bnet.com/technology/10001044/hp-earnings-product-revenue-rd-all-drop-year-to-year/


posted by srikanth....july8

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