Feeds

HP 'world's fastest growing PC vendor'

Fiorina worth the dough, after all?

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Hewlett-Packard has produced a damn fine Q3 with PC, printer and Unix server sales propelling the company to a 33 per cent jump in profits.

Profits from continuing operations (ie. minus the measurement business spun off into Agilent) were $1.01 billion (Q3 1999: $759 million). Sales were up 15 per cent to $11.8 billion from $10.3 billion. So net margins are ratcheting up on the back of increasing product sales - not a bad trick to pull off.

Maybe HP CEO Carly Fiorina is worth that extraordinarily inflated shares and options package worth $90 million, awarded in September 1999, after all.

Q3 Unix server sales were up 13 per cent a year ago, consumer PC sales jumped a stonking 62 per cent and notebooks a stratospheric 93 per cent. HP claims that this makes it the world's fastest growing PC vendor.

Sales from the printer business, HP's historical cash cow, climbed 15 per cent from a year ago. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
IT crisis looming: 'What if AWS goes pop, runs out of cash?'
Public IaaS... something's gotta give - and it may be AWS
Linux? Bah! Red Hat has its eye on the CLOUD – and it wants to own it
CEO says it will be 'undisputed leader' in enterprise cloud tech
BT claims almost-gigabit connections over COPPER WIRE
Just need to bring the fibre box within 19m ...
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.