by Edwin Chan
SAN FRANCISCO, Aug. 20 (Reuters) – Hewlett-Packard has, against all odds, announced Wednesday an increase in its quarterly revenue to support an increase of 12% of sales of personal computers division of the American computer giant.
Sales in the three months to end-July, the third quarter of fiscal year 2013 to 2014, increased by 1 % to $ 27.6 billion against 27.2 billion a year ago. Financial analysts had expected 27.01 billion, according to Thomson Reuters consensus I / B / E / S.
Hewlett-Packard is in the midst of restructuring in order to both reduce costs and to position themselves in activities releasing higher margins, such as IT infrastructure.
The idea is to be less dependent on the sale of computers and to strengthen in servers, data storage and networks for businesses.
Meg Whitman, CEO of Hewlett-Packard, has the good performance of the sale of computers on account of the need felt by individuals and companies renew aging machines.
It welcomed the 2% increase in revenue to $ 6.9 billion of the enterprises division, which includes servers, data storage and networks for business customers.
“This is a reversal of an activity that was in decline,” said Meg Whitman as part of an interview, noting in particular the rise 9% of server sales.
She said Hewlett-Packard benefited uncertainties customers after IBM sold its entry-level servers to Lenovo.
“We were able to take advantage of these uncertainties and our contract wins are up against IBM,” said Meg Whitman.
In May, the group announced 16,000 reductions additional posts addition to 34,000 already planned.
Net profit before exceptional item emerged emerged up 3% to $ 1.7 billion, or 0.89 dollars per share, a level consistent with the consensus.
The group, however, narrowed its guidance range for the full year at $ 3.70 to 3.74 per share, against 3.63 to 3.75 dollars previously.
In exchange after-hours trading, as the Hewlett-Packard fell by 0.8%
Meg Whitman said the group was reviewing its software division -. weighing four billion dollars -. molting given sector to software designed from the internet, the “cloud computing” (cloud computing)
She also noted that the company, with cash of $ 4.7 billion, could make acquisitions if necessary. (Benoit Van Overstraeten for the French service)
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