Much of Hewlett-Packard's earnings were a done deal due to the company's preannouncement, but there were a host of little nuggets from the conference call that are notable. For starters, HP CEO Mark Hurd gave his outlook on component pricing, which can be a window to PC pricing, and addressed Dell's potential entry to the retail market.
A major investor in both companies is urging them to scrap their merger because it believes the chances of the two pulling off a successful union are slim.
Hewlett-Packard continues to fire on all cylinders as rivals like Dell stumble, but don't be surprised if the channel stuffing chorus gets revved up. The company reported earnings of 65 cents a share excluding items on revenue of $25.
Hewlett-Packard upped its second quarter outlook Tuesday after an internal email about its financial results was leaked to a "single outside party." HP said in a statement: "The company determined that the most prudent course of action under these unusual circumstances was to publicly release updated revenue and earnings guidance for that quarter prior to the market's open Tuesday.
Hewlett-Packard wins a $35 million contract to supply Compaq-brand desktop and notebook PCs to the Internal Revenue Service.
Apple has taken its share of environmental hits and CEO Steve Jobs has had enough. And he's willing to throw HP and Dell under the Prius while he's at it.
Today, we're launching a new daily podcast, an audio version of our News to Know link post in BTL. The goal of the podcast is to get you three top stories in three minutes.
As expected, Hewlett-Packard's inventory levels were a hot topic last night on the company's earnings conference call. What wasn't expected was the reason why inventory levels were higher.
Computing giant reports solid Q2 earnings -- 87 cents per share -- fueled by key product areas ranging from PCs to Unix servers.
Why worry about creating the next iTunes, lining up movie studios and entering the Web's movie download war when you can just supply the arms? Sounds like a decent plan and one that Hewlett-Packard is pursuing.