hp ended the quarter with moderate optimism

According to HP quarterly report ,HP still listed as the largest computer manufacturers in the world. Just note that the quarterly report to investors reacted HP increase confidence in the company's shares, the course which immediately increased by 6-7%. First, HP revenue in the quarter ended was higher than the predicted value. Secondly, in some areas there was an increase in revenue that the dynamics of the crisis last quarters is not quite typical.

Total for the quarter HP could fetch $ 29.1 billion - is 3% lower than a year earlier. Although the dynamics are still negative, observed in the last quarter of the local minimum is passed, revenues and shows a tendency to increase. Division Enterprise Group, at HP recovery which has focused its efforts in recent months, has responded to the measures taken by revenue growth of 2% per annum. At the direction of network equipment revenues also increased - by 3% in annual terms. HP servers bought 10% more revenue than a year earlier, they generally generate 45% of revenue department. However, here it is necessary to isolate the impact of certain major contracts - without them, the picture would be more depressing.

Note that the sale of personal systems bring HP up to 29% of revenue, followed by corporate direction (servers and network equipment) with 25% of revenues, while sales of printers and consumables generate 20% of revenue. PC sales to corporate parks brought HP 4% more revenue than a year earlier, but revenues from sales of laptops and desktops in retail fell by 2% and 3%, respectively. In real terms, sales of laptops and desktop systems decreased by 3% and 5%, respectively. By the way, selling laptops HP brings more than half of revenue in the segment of the PC desktop systems there are only 38% of revenue. In the retail HP rescued 10% less money than the year before. Throughout the Personal Systems division revenue for the year decreased by 2%, while the number of units sold increased by 2%.

Printing unit gets 64% of sales of consumables in this direction revenue fell by 4% per year. Directly selling printers brought the company more revenue than last year - 4% in the consumer sector and 9% in the commercial. Revenue department as a whole decreased by 1%.

HP Operating margin for the year decreased from 10.4% to 9%. HP will spend less on Itanium and Unix, as the relevant markets shrink, but next year the total amounts of R & D costs increase. The company will be forced to October next year to cut about 10% of the staff, although the main losses in this direction have been already passed.

HP ended the quarter with moderate optimism