HP Earnings: Soft Demand And Strong Dollar Impact Revenue Even As The Company Gears For Split

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The HP enterprise services, software and HP Finance posted a steep decline in revenue. Furthermore, despite the improvement in PC shipments, its computer hardware group failed to post any growth in the top line due to pricing pressures. However, the enterprise group posted encouraging results as Industry Standard Servers witnessed growth. Enterprise group revenues declined 1% to $6.56 billion, while the enterprise service revenues declined by 16% to $4.81 billion.

Vía Forbes Real Time http://onforb.es/1Kx5Amm