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• Is Hewlett-Packard the exception or the rule?

  Posted Feb 20 2008, 08:48 AM by Douglas McIntyre
  Rating:
  Filed under: Microsoft, HP, Intel, AMD, Dell, IBM, Sun
  Money Blog: Top Stocks Blog - MSN Money

  Hewlett-Packard turned in one of the best performances of the earnings season. Net income rose 38%. Revenue rose 13% to $28.5 billion. The computer company raised guidance and its shares moved up 5%.

  HP is probably the best tech bellwether in the U.S. It not only sells PCs and printers, it has a large software and server operation. It has tremendous businesses outside the U.S., especially in Asia.

  Shipments from the company's PC operations were up 27% in the quarter. That has to be good news for chip companies AMD and Intel. Because HP is No.1 in global PC market share, it is also likely a boost for sales of Microsoft's Vista.   Read More...

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