HP Announces Fourth Quarter Results

2010-11-26 09:27:18

Published on 2010-11-26 09:27:18

Maker of printer ink Hewlett-Packard (HP) has posted financial results for its fourth fiscal quarter. The firm said net revenue stands at $33.3 billion (£21 billion), up eight per cent on the same period last year, including what it called a "slightly negative" currency impact of around one percentage point.

"HP proved once again that it is able to execute given its market strengths and technology leadership," said Leo Apotheker, HP president and chief executive officer. Recently, HP said it will offer more than eight million dollars worth of its products to the 2010 United Nations Climate Change Conference (COP16).

Running in Cancun, Mexico, from November 29th to December 10th, the event will be supplied with notebooks, desktop PCs, printers, consumables, and data centre and networking tools to improve delegate experience.

The firm said the Mexican government had selected it to provide the range of devices because of its commitment to environmental projects.

Posted by Jason Nicholls.

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