26.11.2014 - Hewlett-Packard has worsened revenue index
Hewlett-Packard has released a report according to which the company's profit for the 4th quarter of the fiscal year met the expectations of analysts and totaled $ 1.06 per share. At the same time, the company's revenue decreased by 2%. In the first quarter of this fiscal year, the company expects reduction of earnings to 93 cents per share. It is worth noting that the company recently announced its intention to split the business of manufacturing of computers and printers. We are positive about this move, and given the rise in consumer spending in the United States, keep a positive outlook on the stock with the potential of growth by 20-25% per year.