Hewlett-Packard reported fiscal Q3 release 19 percent drop in net profit

According to reports, the Hewlett-Packard announced Tuesday the third quarter of fiscal year 2009 results, the report shows that, in the July 31 third quarter, HP's net profit of 1.642 billion U.S. dollars for the same period last year of 2.027 billion U.S. dollars fell by 19% .
Hewlett-Packard after the market closed in the released financial report, third quarter revenue of 27.45 billion U.S. dollars to achieve the same period last year fell 2 percent, slightly higher than analysts expected an average of 27.26 billion U.S. dollars. A net profit of 1.64 billion U.S. dollars, or 67 cents earnings per share. The same period last year net profit of 2.03 billion U.S. dollars, or 80 cents earnings per share. Excluding one-time items, adjusted profit of 91 cents per share higher than analysts expected on average the number of 1 cents.
PRESARIO 2100 SERIES BATTERY said the PC consumer spending began to increase, especially in the Chinese market, but business spending remained weak. As a result of economic recession in 2009 may be PC industry nearly 10 years, the worst performance of the year. Hewlett-Packard as the world's largest PC company, is actively developing technical services and computer networks in other markets, but the PC business is still the company's total revenue accounted for 1 / 3.
In accordance with the geographical division of the third quarter of HP's revenue from the Americas to 12.6 billion U.S. dollars, an increase of 8%; from Europe, the Middle East and Africa revenues of 9.9 billion U.S. dollars, up 12 percent decline; the business from the Asia-Pacific revenue of 50 billion U.S. dollars, down 4% year-on-year. Excluding the impact of exchange rate changes, Hewlett-Packard third-quarter revenue from the Americas grew 11 percent, from Europe, the Middle East and Africa revenue fell 2 percent year-on-year, revenue from the Asia-Pacific operations with the same last year. Hewlett-Packard third-quarter revenue outside the U.S. market in total revenue 62 percent occupied.
In accordance with the business sector, HP Personal Systems Group of the third quarter of 8.4 billion U.S. dollars in revenue, down 18% year-on-year, of which notebook sales fell 10 percent year-on-year, desktop revenue fell 26 percent year-on-year, personal systems group grew shipments 2%; HP Imaging and Printing Group, third quarter revenue of 5.7 billion U.S. dollars, up 20 percent decline, which the printer shipments down 23 percent year-on-year, commercial printer hardware shipments down 42 percent year-on-year, personal printer hardware shipments of the same period last year down 16%; HP enterprise storage and servers, third-quarter revenue 3.7 billion U.S. dollars, up 23 percent decline; HP services revenue the third quarter of 8.5 billion U.S. dollars, up 93%; HP Software 8.47 third quarter revenue billion U.S. dollars, up 22 percent decline; HP financial services sector the third quarter of 670 million U.S. dollars in revenue, down 1% year-on-year.
In addition, Compaq Presario 2100 Series Battery also expects revenue this year will ring in the fourth quarter to grow by about 8 percent more than.