HP reports Q4 net revenue of $15.26B, down 1% YoY, vs. $14.71B est., with sales of notebooks up 18% YoY to $7.4B while desktops dropped by 28% YoY; stock up 5%+ (Tiernan Ray/ZDNet)
Tiernan Ray / ZDNet:
HP reports Q4 net revenue of $15.26B, down 1% YoY, vs. $14.71B est., with sales of notebooks up 18% YoY to $7.4B while desktops dropped by 28% YoY; stock up 5%+ — Results were buoyed by an 18% surge in notebook revenue, especially sales of higher-end systems and Chromebooks.
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