Tue November 22, 2011
HP Profits Slip But Beat Wall Street Expectations
Originally published on Tue November 22, 2011 4:29 am
Hewlett-Packard announced its quarterly earnings were down 90 percent from the previous quarter. The company is going through big changes. It just spent most of its cash on an acquisition, took on $4 billion of debt and named Meg Whitman as the new CEO.