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HP released a financial report for the third quarter of 2013

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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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