HP Q4 Earnings Down 88 Percent
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HP Software revenue grew 28 percent year over year with a 27.7 percent operating margin. HP Software revenue was driven by revenue growth in licenses and services of 33 percent and 36 percent, respectively.
Personal Systems Group (PSG) revenue declined 2 percent year over year with a 5.7 percent operating margin. Commercial client revenue grew 5 percent, and Consumer client revenue declined 9 percent. Total units were up 2 percent with 5 percent growth in desktop units and 1 percent growth in notebook units.
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- Cathie Lesjak
- Meg Whitman
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