Feeds

HP makes things personal again in Q3

Computers and currency do their thing

Top three mobile application threats

In a world of financial doom and gloom, sales of PCs are offering a glimmer of light. Don't believe us? Just look at Hewlett-Packard, which on Tuesday reported a third-quarter profit that beat Wall Street expectations and forecast healthy sales in the current period.

The chief driver for HP's success were sales of PCs, which rose 15 per cent. Notebook sales were particularly helpful, but HP also saw revenue from services jump 14 per cent and sales of printers and ink rise by 3.4 per cent.

HP also benefited from the weak US dollar, which generated highly favorable currency translations for international sales.

Third-quarter net income increased 14 per cent to $2.03bn, or 80 cents a share, from $1.78bn, or 66 cents, in the year-ago period. Profit after acquisition costs and other one-time expenses was 86 cents, three cents higher than the average analyst estimate. Sales rose 10 per cent to $28bn, though when adjusted for currency fluctuations, revenue increased only 5 per cent.

HP shares rose 2 per cent in after-hours trading, following the release of financial results.

HP isn't the only company enjoying growth in a challenging market. Last month, Apple broke revenue records thanks to bumper sales of Macs and iPhones. And in May, Dell posted strong results and for the first time said the majority of its revenue came from overseas customers.

Not everything in the HP report was hunky dory. Gross margins, the percentage of sales left after manufacturing costs, fell slightly from a year ago to 24.2 per cent. Higher costs of computer components and demand for cheaper machines helped contribute to the decline.

HP's earnings report is here. ®

3 Big data security analytics techniques

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.