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HP 2nd quarter profit down 32 pct
May 22, 2013 / 8:11 PM / 5 years ago

HP 2nd quarter profit down 32 pct

SAN FRANCISCO, May 22 (Reuters) - Hewlett-Packard Co’s quarterly profit slid 32 percent but the world’s largest personal computer maker raised the lower end of its full-year outlook as revenue from services to corporations slightly offset shrinking PC sales.

Last week, Dell Inc reported a 79 percent slide in profit. HP posted revenue of $27.6 billion, slightly below the $28.01 billion expected by analysts, according to Thomson Reuters I/B/E/S.

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