News on Hewlett-Packard Company

HP extends laptop warranty after China starts probe

2010-03-15T10:17:49Z

<div><p>US computer giant Hewlett-Packard on Monday issued an apology and extended the warranty for certain laptops after China launched an investigation into consumer complaints of faulty products.</p><p>HP said it was "working closely" with the country's product quality watchdog to ensure customer concerns over certain laptops were addressed.</p>...

Over 170 Chinese consumers file complaints on HP laptops

2010-03-11T09:17:07Z

<div><p>More than 170 Chinese laptop users have filed complaints against US computer giant Hewlett-Packard, requesting a recall of products they say are faulty, a lawyer said Thursday.</p><p>The individual complaints were sent separately to China's SHANGHAI (Reuters) - More than 100 Chinese consumers have filed an official complaint against Hewlett-Packard Co over faulty laptop computers, leaving the door open for a lawsuit against the U.S. technology company, a lawyer for t...

Hewlett-Packard says pilfered inkjet parts peddled

2010-03-09T11:17:58Z

<div><p>Hewlett-Packard said it is suing a Taiwan-based firm for peddling inkjet cartridges made from parts swiped from the US technology giant's facilities in Asia.</p><p>HP has called on the SAN FRANCISCO (Reuters) - Hewlett-Packard Co <HPQ.N> said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.</p><p>HP revised its net earnings for the quarter...

Hewlett Packard Ark

2010-03-03T11:18:20Z

Hewlett-Packard Company Chairman and Chief Executive Officer Mark Hurd speaks at the dedication ceremony of HP's customer service and technical support center in Conway, Ark., Wednesday, March 3, 2010. (AP Photo/Danny Johnston)

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HP marks opening of Ark. service center

2010-03-03T11:15:26Z

<div id="subtitle">Hewlett-Packard dedicates Ark. service center, bringing 1,200 jobs and perhaps more ahead</div><div><p>Marking the opening Wednesday of its technical service center in Conway, Hewlett-Packard Co. CEO Mark Hurd said the facility is part of the company's strategy of raising its U.S. pro...

On the Call: Dell CEO Michael Dell

2010-02-22T08:32:29Z

<div id="subtitle">On the Call: Dell CEO optimistic on corporate spending in current first quarter</div><div><p>Dell Inc., the third-largest computer maker in the world after Hewlett-Packard Co. and Taiwan's Acer Inc., rep...

Dell profit dips as revenues climb

2010-02-22T08:33:27Z

<div><p>Dell on Thursday reported that its fourth-quarter profits slipped five percent despite revenues climbing to 14.9 billion dollars.</p><p>The US computer giant's net income for the fiscal quarter ending January 29 was 334 million dollars, or 17 cents per share, as compared to 351 million, or 18 cents per share, during the same period a year earlier.</p><p&a...

HP net jumps 25 percent on cost cuts, PC strength

2010-02-22T09:00:35Z

<div id="subtitle">Hewlett-Packard net jumps 25 percent as technology spending creaks back to life in new year</div><div><p>Hewlett-Packard Co.'s latest numbers show that corporations are spending more on technology in 2010 than they did last year — but only on certain things so far.</p><p>Businesses are bulking up on their back-end com...

A look at HP's quarterly numbers, by division

2010-02-22T08:58:29Z

<div id="subtitle">A look at HP's fiscal first quarter numbers, from PCs and servers to printers and services</div><div><p>Hewlett-Packard Co.'s 25 percent jump in net income in its November-January quarter was driven by better numbers in most of the technology company's major divisions. Here are some highlights on those divisions:</p><p&g...

Summary box: Hewlett-Packard earnings

2010-02-22T08:49:53Z

<div id="subtitle">Summary box: Hewlett-Packard net tops expectations on rebound in PCs, servers</div><div><p>PUMPED-UP PROFIT: Hewlett-Packard Co.'s profit swelled 25 percent in the technology company's fiscal first quarter, which ended Jan. 31. Cost-cutting and a strong showing from the personal-computer division helped.</p><p>THANK Y...

Tablets, smartbooks aim to fill PC-phone gap

2010-02-22T09:03:08Z

<div id="subtitle">The iPad has company: Connected tablets and smartbooks aim to fill gap between PCs and phones</div><div><p>If you've got a car and a bicycle, do you need a motorcycle too? Wireless carriers are betting that you do. They're making a big push this year for the motorcycles of the gadget world: devices that are bigger than a phone but smaller than a laptop.</p>...

Earns Hewlett Packard

2010-02-17T13:16:03Z

A sign outside Hewlett Packard headquarters in Palo Alto , Calif. is seen Tuesday, Feb. 16, 2010. Hewlett-Packard Co. reports quarterly financial results Wednesday. (AP Photo/Paul Sakuma)

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HP up slightly in late trading, after a nice earnings beat and above-consensus outlook (HPQ)

2010-02-22T08:56:08Z

Nice.

HP reported earnings a few minutes ago, and non-GAAP eps of 1.10 per share for the first fiscal quarter of 2010 came in 4cents better than wall street expectations. &nbsp;Revenue came in higher also, and HP guided Q2 earnings higher than the consensus estimate of 1.03 per share.

In the geographic breakdown, note the awesome performance in the BRIC countries:

Ahead of the Bell: HP to report fiscal 1Q results

2010-02-22T09:06:01Z

<div id="subtitle">Hewlett-Packard to report 1Q numbers after the bell, PC and server sales will be key</div><div><p>In Hewlett-Packard Co.'s latest quarterly numbers, an expected pickup in total revenue would likely be a sign that business is improving on many fronts.</p><p>The world's biggest maker of printers and personal computers h...

HP, Dell report results as Wall St bets on PC sales

2010-02-22T09:18:06Z

<div><p>SAN FRANCISCO (Reuters) - With computer hardware at the top of the shopping list for many companies this year, Hewlett-Packard Co &lt;HPQ.N&gt; and Dell Inc &lt;DELL.O&...

Symantec shares decline after analyst's downgrade

2010-02-22T09:46:44Z

<div id="subtitle">Symantec shares dip after analyst downgrades, predicting company will lose contract to rival</div><div><p>Shares of Symantec Corp. dipped Friday after a Jefferies &amp; Co. analyst downgraded the stock, predicting the security software maker will be losing a key consumer contract with computer maker Reuters) - IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Reuters) - Cisco Systems Inc's &lt;CSCO.O&gt; quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading