HP POSTS STRONG QUARTER

Toner News Mobile Forums Toner News Main Forums HP POSTS STRONG QUARTER

Date: Friday February 20, 2004 09:42:00 am
Viewing 1 post (of 1 total)
  • Author
    Posts

  • Anonymous
    Inactive
    HP Posts Strong Quarter
    Instead of being the dog, the PC was the hero for Hewlett-Packard’s first quarter.

    The company posted earnings of $936 million on revenues of $19.5 billion (U.S.) for the quarter, a nine per cent jump over its revenues for the year-ago quarter.

    Imaging and printing saw sales of $5.9 billion and profits of $968 million, both figures up for the quarter. Fiorina credited the growth with an increasing interest in the company’s new line of multi-function devices as it looks to tap into the digital copier market. The company shipped 14.4 million new hardware units during the quarter, an increase of 12 per cent year- over-year, and Fiorina noted that it passed the 300- million printer plateau during the quarter. Its new line of consumer digital cameras were also successful.

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.