Quantcast
Jump to content

  • Join Today, It's Simple and FREE!

    Register now to gain access to our webOS user support forum. Once registered and logged in, you will be able to post a user to user support request topic to this site or reply to existing topics posted by other users. You can also take part in our other webOS user forums. You'll be able to customize your profile, receive reputation points, while also communicating with other members via your own private inbox, plus much more!

Sign in to follow this  
NewsDummy

PreCentral: HP Q1 2012 earnings down 38% from last year

Recommended Posts

HPThe past year has been a tumultuous one for HP, and though things are starting to settle down in Palo Alto, the company's Q1 2012 earnings report doesn't bode well. HP brought in $30 billion of revenue (down 7% from the same quarter last year), from which they netted a profit of $1.5 billion (down a staggering 38%). The computer-producing Personal Systems Group (which also previously built webOS devices) saw a 15% decline in revenue, with desktops and notebooks dropping 18% and 18%. Imaging and Printing also isn't looking good, with a 15% drop for HP's typically reliable revenue and profit center.

It's brutal, but at least HP managed to bring in some profit and meet their own projections, and they're taking steps to do better going forward. Said CEO Meg Whitman, "We are taking the necessary steps to improve execution, increase effectiveness and capitalize on emerging opportunities to reassert HP's technology leadership." How webOS will factor into that strategy, well, even Whitman admits that will take years to play out.

Press release and full financial statement is after the break.

read more

mf.gif
emailthis2.gif bookmark.gif


a2.imga2t.imgYgvXFxuWw_8

View the full article

Share this post


Link to post
Share on other sites


Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Similar Topics

    • Question: Amazon Prime App not starting

      Hi I've had Amazon Prime working fine on my LG TV. But recently found that the app does not start up. It stays on the starting logo screen and does nothing else. Sometimes the image stutters and looks like the app is trying to restart itself but with no luck. I have uninstalled and reinstalled it. from what I can see the app has not updated recently so don't really know what has changed. This issue has now also started to happen on one of my other LG tv's in the house. Has Anyone else

      in LG webOS Smart TV Questions

    • 2019 OLED TV lineup with AirPlay 2 will hit stores starting in April

      LG has unveiled the pricing and release plans for some of its 2019 OLED TV lineup, basically mirroring the company’s playbook from last year. These are some of the very best TVs you can buy, so LG is continuing to price them as such. The 2019 C9 (65-inch, 55-inch) and E9 (65-inch) series TVs will start shipping in April. The 77-inch model of the C9 and 55-inch E9 will hit stores a bit later in May and June, respectively. And this year’s update to LG’s “wallpaper” TVs — to be available in 65

      in LG webOS Smart TV Discussion

    • [pivotCE]Open Source webOS now brought to you by LG

      Yo! We heard you like open sourced webOS so LG open sourced the open source of webOS! Ok, so that’s not entirely accurate since LG purchased the closed source webOS code from HP after they open sourced…well…bits and pieces of it back in 2012. So no, you’re not stuck in a Doctor Strange time loop. webOS has been open sourced before but not by LG.  This news comes as a shock to the current legacy webOS community still rocking Pre 3s and waiting for LuneOS to reach “driver” status.  The communi

      in pivotCE News

    • Question: screen mirroring doesnt work

      Hi people I have lg lf 6500 smart 3d tv The screen mirroring worked just once since i bought the tv then no way to make it working

      in LG webOS Smart TV Questions

    • LG 43LH570V missing main things!!!

      So then...i buy a smart tv and when i arrive at home i realise it is not smart tv...it misses web browser,can't connect keyboard with touchpad...so annoying pls add support software for keyboard and a web browser...it could be any browser...if u wanna keep clients then u should add browser to all the ,,smart tv,,-s because without it it's only a normal tv with built-in wifi

      in LG webOS Wish List



×
×
  • Create New...