HP claims to stabilize financial performance and viability of the PC market

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POSTER: computer news   ||   HP CLAIMS TO STABILIZE FINANCIAL PERFORMANCE AND VIABILITY OF THE PC MARKET	DATE:2014-02-21
Yesterday, HP reported on work in the period from November 2013 to January 2014.  For a company this period corresponds to the first quarter of fiscal 2014.  I must say, the fiscal year started well for HP.  The company's revenue for the period was $ 28.2 billion and net income was $ 1.4 billion compared with the previous year's quarter revenue decreased by 1%, while net profit increased by 16%.  If not for currency fluctuations, revenues would be higher .  Note analysts on Wall Street predicted revenue HP at $ 27.2 billion As you can see, the company has worked better than expected . Commenting on the situation, CEO Meg Whitman , said that the company has demonstrated that it will rise to the challenge and was able to rebuild the business.  While competitors pose new problems for themselves (hello transaction IBM and Lenovo), HP has almost completed the restructuring, as evidenced by stabilization of revenues.  Moreover, the company sees a slowing PC market decline, from which it successfully benefits.  According to Whitman, large companies realize that it is impossible for the tablet to create a full working environment and still rely on the classic PC.  Finally ending support Windows XP, according to the head of HP, is an additional factor for the purchase of new corporate system units and laptops. Now go through the separate business segments of the company.  Personal Systems Group revenue for the year grew by 4% and 3.3% improved profitability.  Occurred due to the modernization of the fleet of corporate systems, where revenue growth was 8%, whereas in the consumer sector revenue decreased by 3%.  In general, delivery systems grew by 6%: desktops decreased in volume by 3%, and sales of laptops increased by 5%.     Group revenue Enterprise Group increased by 1% (14.4% margin).  Revenue from sales of commodity servers become more at 6%, sales have not changed storage and systems for mission-critical applications received revenues by 25%.   Enterprise Services division revenue decreased by 7% (1% margin).  Revenue software division decreased by 4% (15.8% margin).   Related Products :

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