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Report: H-P’s Q3 Revenues Up 10% YoY |
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Written by Chelsey Drysdale
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Wednesday, 20 August 2008 |
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SAN FRANCISCO – Hewlett-Packard Co.’s third-quarter revenues were $28 billion, up 10% year-over-year, according to Deutsche Bank Equity Research.
According to other published reports, H-P's profits jumped 14% in the quarter, to $2.03 billion.
Strong PC results offset weakness in printers, says DB.
DB expects fourth-quarter revenues of $30.2 to 30.3 billion for H-P.
The research firm has adjusted full-year 2008 estimates to $115 billion.
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