Hewlett-Packard Earnings And The Apple Problem


Hewlett-Packard Company (NYSE:HPQ) announced its earnings yesterday for the second quarter of 2012 beating analysts estimates. The company earned 98 cents per share on revenue of $30.69 billion. The firm's shares soared on the announcement of a massive restructuring deal at the company that will see it shed 27,000 employees and save $3-$3.5 billion every year.

Analysts were expecting the company to earn just 91 cents per share on . . .


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