HP Profit Up 14 Percent, But Sales Down

HP (Hewlett-Packard) has reported that it had a profit of 14 percent in the last quarter, than ever before which fell to 8.4 percent. Of the overall HP earned income decreased from $ 33.6 billion to $ 30.8 billion last year, but profit in the fourth quarter this year increased from $ 2.1 billion to $ 2.4 billion.

Fourth quarter of 2009 was a bad year for HP's four business areas, while four reported increased profits. However, in revenuw services division rose 8 percent and able to provide a positive effect for the HP to the front. Solid performance from HP Services division are able to make profit mennadai strong momentum in 2010, review HP CEO, Mark Hurd.

In the HP services, including EDS, showed increased profit more than 5 percent to $ 1.4 billion. Hurd said that EDS integration schedule and the top division. Meanwhile, for the division of HP's PC division also became a solid with a cut profit discount to consumers. Sales rose 8 percent, but revenue fell 12 percent.

For desktop PC is also weakened, with revenues declining 16 percent, double the decline than the laptop division. For the servers fell by 17 percent, and the printing division is most affected by the overall revenue fell 15 percent, and sales dropped 20 percent.