HP released a financial report for the third quarter of 2013


This week, the U.S. company HP has published its financial report for the third quarter of 2013, which ended July 31. Net income Hewlett-Packard in the last three months was 27.2 billion dollars, which is 8% less than in the same period of the previous year (up 7% if the effect of changes in exchange rates).

During the quarter, the company managed to earn $ 1.4 billion, while a year ago it posted a loss of $ 8.9 billion. Changes in the ratio between revenues and expenditures demonstrates gross margin, to change for the year, not only the absolute value but also the sign of a: -29.7% to 6.8%.

If we consider the activities of individual units HP, it appears that sales of PCs (Personal Systems) for the year decreased by 11%. In the corporate segment, the reduction was only 3%, but in the consumer – 22%. In quantitative terms, the supply of desktop PCs decreased by 9% and laptops – 14%.

Revenues were printers (Printing) for the year decreased by 4%, although sales in terms of quantity and increased by 5%. Divisions Enterprise Group and Enterprise Services for a year lost 9% of income, Financial Services – 6%, and the income of the Software rose 1%. In the form of dividends and share repurchases the company has returned to shareholders of 283 million dollars.

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