PC Sales Boost Growth of HP, Whitman Looking for Growth in Other Divisions Too
Meg Whitman, the CEO of Hewlett-Packard Co. is gaining from an increase that is seen in the sales of personal computers. Now it is her chance to show that the company can also make advancement in other businesses like software as well as services.
Yesterday the company based in Palo Alto, California posted growth in sales for the first time in twelve quarters. It reported a revenue rise of 1.3 percent to $27.6 billion for the third quarter in the fiscal year which ended on July 31.
Though the PC business of Hewlett-Packard experienced a 12 percent leap in revenue in the quarter, but the sales in other divisions if the company like printers, services and software faced either a fall or a moved to growth that ticked at lesser than 2 percent.
Though Whitman has tried to work out with new products and have trimmed jobs to cut down on the cost for the company after she joined in September 2011, but the uneven results reveal that she still has a tough job in hand before she turns around the technology giant.
New Zealand News
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