HP reports 28% increase in profit
May 19th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
HP (Hewlett-Packard) on Tuesday reported a 28% increase in profit to $2.2bn and a 13% rise in revenue to $30.85bn for its fiscal second quarter from a year earlier. The company raised its full year financial outlook, siganlling confidence by the world's biggest PC maker in rebounding technology spending.