The world of computers, Hewlett Packard (HP) released Monday at the close of Wall Street, results for the fourth quarter of fiscal offset. The annual net profit fell by 8% to $ 7.7 billion, although the last quarter, it is up 14% year on year to 2.4 billion dollars. Earnings per share (EPS) stood at $ 1.14, in line with analysts' expectations. Revenues, which had already been announced, is 30.8 billion over the quarter, down 8%.
These results compare with those published by other industry giants such as Dell Computer, which introduced a quarterly profit drop of 54% and a revenue and EPS below expectations.
"The company will return to growth in 2010," said HP CEO Mark Hurd, commenting on these results the financial television channel CNBC.Of slowing demand, the group had announced six months ago the abolition of 6,400 jobs, mainly in the products division.
The group confirmed its outlook for the year shifted from October to September, which just started, with sales rising, between 118 and 119 billion dollars, earnings per share excluding exceptional items of between 4.25 and 4.35 dollars.
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