Hewlett-Packard reports 13% fall in quarterly profit; Revenue ex-US at 65% of total; Pay cut planned
Feb 19th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Hewlett-Packard on Wednesday reported a 13% fall in quarterly profit as PC and printer sales plunged 19% from a year earlier. Revenue from outside of the US accounted for 65% of total and the company said it plans to implement a pay cut.