HP Reports Revenue Increase
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Outlook
HP’s revised outlook for the third quarter and the full year fiscal 2011 reflects an expected near-term impact from the Japan earthquake and related events, continued softness in sales of consumer PCs, and reduced operating profit expectations for Services.
For the third quarter of fiscal 2011, HP estimates revenue of approximately $31.1 billion to $31.3 billion. It expects full year fiscal 2011 revenue in the range of $129 billion to $130 billion.
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- Companies:
- Hewlett-Packard
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