Hewlett-Packard Co. delivered a fiscal first-quarter profit above analyst expectations and brightened its outlook for the rest of the year. The maker of computers and printers said it earned US$2.13 billion, or $0.80 per share, for the three months ended in January, representing a 38% increase from he same period a year earlier.
Revenue for the period totaled $28.5 billion, a 13% increase from the previous year. Shipments in HP's computer division climbed 27% in the first quarter.
to Daily News