Compaq posts fat quarter

Compaq has struck gold with another excellent quarter, collecting a fat $350 million in profits, 43 per cent up on the previous year's equivalent quarter. Revenues were also up sharply by 25 per cent from $4.

Compaq has struck gold with another excellent quarter, collecting a fat $350 million in profits, 43 per cent up on the previous year's equivalent quarter. Revenues were also up sharply by 25 per cent from $4.5 billion.

Compaq yesterday took an axe to pricing in preparation for the Christmas buying season.