Reuters: Technology News: Hewlett-Packard takes $8.8 billion charge, revenues fall

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Hewlett-Packard takes $8.8 billion charge, revenues fall Nov 20th 2012, 13:13 Tweet Share this Email Print Related News Dell profit falls 47 percent hurt by slow tech spending Thu, Nov 15 2012 Wall Street ends higher, but investors still weary Fri, Nov 9 2012 Groupon results disappoint again, stock hits record low Thu, Nov 8 2012 Bombardier delays C-Series flight, cuts train unit jobs Wed, Nov 7 2012 Thomson Reuters operating profit down, trading pressured Fri, Nov 2 2012 Analysis & Opinion How I lost my Groupon bet AOL: Down so long, it’s starting to look up Related Topics Investing Simplified » Tech » A logo of HP is seen outside Hewlett-Packard Belgian headquarters in Diegem, near Brussels, January 12, 2010. Credit: Reuters/Thierry Roge Tue Nov 20, 2012 7:41am EST (Reuters) - Hewlett-Packard Co's quarterly revenue fell short of Wall Street expectations as the company's share of the personal computer market shrank and sales of its printers declined. The Silicon Valley technology company, which is in the midst of a multi-year turnaround plan, said net revenue fell 6.7 percent to $29.96 billion for the quarter ended October 31 from $32.12 billion a year earlier. Analysts on average had expected fourth-quarter revenue of $30.43 billion, according to Thomson Reuters I/B/E/S. (Reporting By Poornima Gupta in San Francisco and Supantha Mukherjee in Bangalore; Editing by Saumyadeb Chakrabarty) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions