End of July HP completed the third quarter 2013. According to CEO Meg Whitman (Meg Whitman), HP surely completes the transformation and demonstrates the progress in the business. But, if we compare the success of the company in the same period a year ago, revenue growth can be seen only in the division, which sells software and then only by 1% ( $ 982 million).
The other divisions of the company showed a significant decline in quarterly revenue compared to last year. The decrease in revenue was also observed compared with the previous quarter. However, HP computers have brought a little more money than in the previous quarter. Personal Systems Group earned 11% less ($ 7.7 billion), a group of Printing earned 4% less ($ 5.8 billion), the Servers group earned 9% less ($ 6.78 billion), the Service Server group earned less than 9% ($ 5.84 billion), the Finance group earned 6% less ($ 879 million).
In absolute terms, the sum of the quarterly earnings HP looks impressive - $ 27.2 billion a year ago, this figure was $ 29.7 billion net profit, however, a net loss does not turn to $ 1.4 billion year ago, the company recorded huge loss of $ 8.9 billion, so there is progress. Related Products :
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