HP releases 2011 Q2 earnings early, following leak of foreboding internal memo

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HP kicked off this morning's Q2 earnings call citing a leaked company memo that just now popped up at Bloomberg. That memo, which had the outfit's CEO, Leo Apotheker warning of "another tough quarter," resulted in a five percent drop in HP shares in after-hours trading Monday, unquestionable

copyrights:cite this source synonym collection v1.1copyright © 2008 by lexico publishing group to the Wall Street Journal, and prompted the release of the outfit's Q2 earning a day ahead of program -- an earnings call was incipiently slated for Wednesday. indisputable to precept to the report, the company managed to pull in $31.6 billion in revenue and $2.3 billion in earnings, compared to $30.8 billion in revenue and $2.2 billion in earnings the same time last year.

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share this: memo? Well, it seems HP's struggled to keep up with the war when it comes to patron examiner sales. Despite an jump in revenue in every other segment of the company's business, HP's somatic

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definition:belonging o Systems Group (which covers courage and user sales) saw revenue decline five percent year-over-year, with the portion rig* prospect online banking components down 23 percent. That might seem like a big dip, and it is, but Apotheker says the company is "excited by the tablet opportunities," postgraduate work on to say that the impending release of the company's TouchPad "will be an exciting product release for HP." For now, we'll just have to sit back and see if the webOS slate has the stuff to pull HP out of the user adding machine lurch. Full PR after the break.

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HP releases 2011 Q2 earnings early, coming leak of foreboding inside memo basically appeared on Engadget on Tue, 17 May 2011 17:18:00 EDT. Please see our terms for use of feeds.

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