HP Q4 Earnings Down 88 Percent
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Fourth Fiscal Quarter 2011 Business Group Results
Services revenue of $9.3 billion grew 2 percent year over year with a 12.8 percent operating margin. Technology Services and Application Services revenue grew 3 percent and 2 percent, respectively, while IT Outsourcing revenue grew 1 percent and Business Process Outsourcing revenue declined 2 percent.
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