HP revenue for the year increased by 1.3% to $ 27.6 billion. The first time in 11 quarters revenue did not decrease, but increased. In addition, the revenue figures beat analysts' expectations, which were limited to $ 27 billion. CEO Meg Whitman (Meg Whitman) expressed the hope that HP will be able to increase its share of the PC market, which consolidates and demonstrates the challenges for the participants.
Enterprise Solutions division, which manufactures server equipment, was able to increase sales by 2%, as some customers prefer to abandon the idea of buying IBM products because of the impending deal with Lenovo and the concomitant uncertainty .
The corporate client in China able to support the business of the American manufacturer. In general, HP is concerned geopolitical tensions in Eastern Europe, which has already served as a reason for the drop in revenue in several areas of activity. HP software is going to move towards cloud technology. Stock availability of funds allows HP to rely on the acquisition of assets, allowing access to the different developments and technologies. Sales of software and services to enterprises and production printers HP provided a decrease in revenues in the last quarter.