HP raises outlook
Sells PCs, buys back shares
Posted in IT Channel, 8th May 2007 16:01 GMT
Free whitepaper – Straight Talk with Dell: Sending out an SaaS
HP has found another billion dollars of sales and another seven pennies profit a share to boost forecast figures for its second quarter financial results.
Originally expecting to be reporting something like $24.5bn in sales for its second 2007 quarter next Wednesday, it said today it would instead report about a billion more.
Its GAAP diluted earnings per share (EPS) had been expected to be between $0.57 and $0.58. Now, it said, they would be $0.64 to $0.65.
It had sold some more PCs and servers, apparently, while some share repurchases helped nose its EPS up a little more.
The final figures are due next week.®
Free whitepaper – Straight Talk with Dell: Sending out an SaaS
The Register Agile Data Center Summit
Straight Talk with Dell: Sending out an SaaS
Seven ways to optimize VMware server virtualization
Automating the Acquisition Process with Enterprise Level CRM

Sign up, sign up for The Register IT security newsletter
Microsoft's Windows 7 price gamble - and why it's flawed
Managing Desktop Software for fun and profit
Intel's flash new SSDs hit by bugs