TweakTown
Tech content trusted by users in North America and around the world
5,683 Reviews & Articles | 36,170 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

HP sees growth in its PC business after seven quarters

Even at a time when many companies may assume that people would migrate from PC to tablets, HP's optimism may have started to pay off (NYSE:HPQ)

| Computer Systems News | Posted: Feb 22, 2014 3:32 pm

HP's Q1 2013 fiscal reports pointed that its PC business has witnessed a growth after seven quarters.

 

TweakTown image news/3/5/35639_1_hp_sees_growth_in_its_pc_business_after_seven_quarters.jpg

 

The PC group business witnessed a growth of 8.5 billion in revenue which reflects 4% in comparison with the previous year. HP's CEO Meg Whitman remains positive that people will be more inclined to shift to a new PC rather than a tablet. She said,"While employees may want a tablet, they also need more traditional compute devices to do their real work."

 

Whitman also praised Weisler who replaced Todd Bradley last summer when personal system group suffered a fall of 20% in revenues. However, she added that its too early to say if the company's PSG group is out of danger as people haven't been buying many HP branded PCs as the sales went down to 3% from the year-ago quarter.

 

The sales of notebook units from HP increased up to 5%.

NEWS SOURCE
Businessinsider.in

Related Tags

Further Reading: Read and find more Computer Systems news at our Computer Systems news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below