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HP revenue falls six percent, beats Wall Street view Feb 21st 2013, 21:43 - Tweet
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A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo Alto, California January 16, 2013. Credit: Reuters/Stephen Lam SAN FRANCISCO | Thu Feb 21, 2013 4:11pm EST SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted a 6 percent drop in fiscal first-quarter revenue of $28.4 billion, but it beat Wall Street expectations in a flat to shrinking personal computing market. Wall Street had on average expected the world's No. 1 PC maker, which like Dell Inc is struggling to sustain sales growth as smartphones and tablets surge in popularity, to record revenue of $27.8 billion in the December quarter. (Reporting by Edwin Chan; Editing by Richard Chang) Related Quotes and News Company Price Related News - Tweet this
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