topleft
topright
Enter the Member Network Zone View the Top 10 Points Leaderboard View Members Who Are Currently Online View Latest Member Activity

Featured Members


Member Network Zone

Expert Blog Comments

IT Worker Confidence Grows
Our lives revolve around technology and this does not surprise me. Good news!
Is Your Team Working Through Lunch?
Brilliant: this should be ENFORCED in all companies struggling to be social! Great read : bookmarked...
What Makes a Great Team Member?
This is so true! Our project management team, and some other people I know fit this description pe...
HP second-quarter operating margin rises to 10 pct Print E-mail
Share This -
Digg
Delicious
Slashdot
Furl it!
Reddit
Spurl
Technorati
YahooMyWeb

SAN FRANCISCO (Reuters) - Hewlett-Packard Co, the world's biggest computer maker, posted a rise in its quarterly operating margin on Tuesday, and pointed to strength in its international business.


HP also confirmed preliminary earnings figures for its fiscal second quarter released last week that showed a net profit of $2.1 billion, or 80 cents per share, compared with $1.8 billion, or 65 cents per share, a year earlier.


Revenue was $28.3 billion, up 11 percent from a year earlier.


The company also kept intact its earlier forecast for third-quarter earnings of 82 cents to 83 cents per share, excluding special items, on revenue of $27.3 billion to $27.4 billion.


Operating margin, excluding special items, was 10 percent, up from 9 percent a year earlier and 9.9 percent in the first quarter, HP said.


HP said international markets accounted for 70 percent of total revenue, with revenue from Brazil, Russia, India and China growing 26 percent over a year earlier.


(Reporting by Scott Hillis; Editing by Braden Reddall)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.




Comment on this article
RSS comments

Only registered users can write comments.
Please login or register.

 
Share This -
Digg
Delicious
Slashdot
Furl it!
Reddit
Spurl
Technorati
YahooMyWeb
< Previous   Next >




White Paper Library

Copyright © 2007-2012 CIOZones. All Rights Reserved. CIOZone is a property of PSN, Inc.