Hewlett-Packard reports 19% drop in quarterly profit; Sees “stabilized market”
Aug 19th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Hewlett-Packard reported a 19% drop in quarterly profit as sales fell sharply in several of its business units but the company presented a positive outlook suggesting a "stabilized market" and signalling that tech spending has hit bottom.