HP Q4 Earnings Down 88 Percent
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GAAP revenue from outside of the United States in the fourth quarter accounted for 65 percent of total HP revenue. BRIC countries (Brazil, Russia, India and China) generated revenue of $3.8 billion, up 9 percent over the year-ago period, for 12 percent of total HP revenue.
Revenue in HP's commercial businesses declined 2 percent year over year. Revenue in HP's consumer businesses, within PSG and IPG, was collectively down 9 percent year over year.
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- People:
- Cathie Lesjak
- Meg Whitman
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