According to the SocialMention.com Hewlett-Packard has 430 mentions for February:
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237 mentions of whish happens on February, 22th:
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44%
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Hewlett-Packard Co. reported a 44% decline in first-quarter
profit and its revenue slightly missed expectations, underscoring the tech
giant’s challenges as it works to get back on track under new Chief Executive
Meg Whitman.
For the fiscal first quarter, which ended Jan. 31, the Palo
Alto, Calif., company reported revenue of $30 billion, down 7% from $32.3
billion in the same quarter last year. Analysts had expected revenue of $30.7
billion.
Profit was $1.5 billion, or 73 cents a share, down from $2.6
billion, or $1.17, a year earlier. Adjusted for one-time items, the company
earned 92 cents per share, above the 87 cents expected by analysts surveyed by
Bloomberg.
“The issues are still very much there, and I don’t see
anything in this earnings result that makes me change my mind,” said Richard J.
Kugele, a tech analyst at Needham & Co.
The company had lost “a lot of balance sheet flexibility”
and was losing ground to competitors such as Apple, he said.
Shares of HP fell 41 cents, or 1.4%, to $28.94 on Wednesday.
The company released its earnings after the markets closed; in after-hours
trading, shares fell more than 1%.
HP said revenue declined 15% year over year in its Personal
Systems Group, which makes PCs. In its Imaging and Printing Group, revenue fell
7%. One bright spot was software revenue, which grew 30%.
The company estimated that more than half of its
first-quarter revenue decline was because of hard drive shortages that resulted
from flooding in Thailand last year, which hampered shipment volume.
Under Whitman, who took over the top job in September, HP
has been trying to reposition itself as a technology stalwart. The company
quickly reversed course on some of the changes former CEO Leo Apotheker
introduced, most notably his much-criticized plan to spin off HP’s PC
operations.
In a call with analysts Wednesday, Whitman acknowledged that
HP and its employees “have a long road ahead of us.”
“Given some of the challenges of the last year, we’ve been
working hard to set the right tone, calm the waters and reassure our
stakeholders that HP is the same reliable company,” she said.
Analysts said the turnaround process could take several
years and noted the company’s sluggish outlook for the current quarter. HP said
it expected earnings per share of 88 cents to 91 cents, below Wall Street’s
estimate of 95 cents.


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