For now, at least, Hewlett-Packard is immune from the financial turmoil that's hit other sectors. The company posted some impressive earnings yesterday at a time when other tech giants are being hit by the mortgage crisis. Strong notebook sales contributed to the good news.
Part of the reason is that HP is somewhat isolated from the financial services sector, unlike Cisco Systems, which counts banks among its top 20 customers. But HP wants that kind of business. CEO Mark Hurd said yesterday that the company wants more exposure to financial services. "We see that as a big opportunity for us," he said.
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