A look at HP’s fiscal first quarter numbers, from PCs and servers to printers and services
By APWednesday, February 17, 2010
A look at HP’s quarterly numbers, by division
Hewlett-Packard Co.’s 25-percent jump in net income in its November-January quarter was driven by better numbers in most of the technology company’s major divisions. Here are some highlights on those divisions:
— Services: Revenue slipped 1 percent to $8.7 billion. Operating profit rose 27 percent to $1.4 billion.
— Printers and ink (Imaging and Printing Group): Revenue rose 4 percent to $6.2 billion. Revenue from ink and other supplies was up 1 percent. Ink is one of HP’s biggest moneymakers. The division’s operating profit was flat at $1.1 billion.
— Computer servers and storage (Enterprise Storage and Servers): Revenue rose 11 percent to $4.4 billion. Operating profit rose 36 percent to $552 million.
— Personal computers (Personal Systems Group): Revenue increased 20 percent to $10.6 billion. Operating profit jumped 22 percent to $530 million.
— Software: Revenue was flat at $878 million. Operating profit rose 19 percent to $167 million
— Financial services: Revenue increased 13 percent to $719 million.
