Tuesday, February 19, 2008

Shares of Hewlette-Packard Tops Estimates














Hewlett-Packard, Inc (HPQ) brightened its outlook going forward. At
the end of the close of the market today Hewlette reported strong
earnings estimates. The company raised its annual forcast and
posted first quarter sales and profits that beat analyst
expectations.

The worlds largest PC maker has been beating out all of its
competitors including Dell Inc. with 6 quarters in a row of strong
earnings. Hewlette is now looking at its international customers
for 69 percent of its sales. First-quarter net income rose 38
percent to $2.13 billion, or 80 cents a share, from $1.55 billion,
or 55 cents, a year ago which represents bullish quarter.

Hewlette-Packard ended the day closing at 43.95 +0.08 or 0.18% on
volume of 31,877,829. In after hours trading (HPQ) rose 4.94% +2.17

About Hewlette-Packard

Hewlett-Packard Company provides various products, technologies,
software, solutions, and services worldwide. The company's
Enterprise Storage and Servers segment provides storage and
server products in industry standard servers, business critical
systems, and StorageWorks offerings. Its HP Services segment
offers a portfolio of multi vendor IT services, such as
technology, consulting and integration, and outsourcing
services. Hewlett-Packard's HP Software segment offers a suite
of business technology optimization software solutions
comprising support that allow customers to manage and automate
their IT infrastructure, operations, applications, IT services,
and business processes. This segment also delivers a suite of
carrier-grade software platforms for developing and deploying
voice, data, and converged services to network and service
providers. Its Personal Systems Group segment provides a line
of personal computers (PCs) consisting of commercial PCs,
consumer PCs, workstations, handheld computing devices, digital
entertainment systems, calculators and other related
accessories, and software and services for the commercial and
consumer markets. The company's Imaging and Printing Group
segment offers inkjet printers, digital photography and
entertainment products, laserjet printers, graphics and imaging,
and printer supplies. Its HP Financial Services segment provides
leasing, financing, and utility programs; asset recovery
services; and financial asset management services for enterprise
customers, as well as an array of specialized financial services
to small-and medium-sized businesses, and educational and
governmental entities. The company also offers certain network
infrastructure products, including Ethernet switch products under
the ProCurve brand. Hewlett-Packard was founded in 1939 and is
headquartered in Palo Alto, California.


Web Site: http://www.hp.com/

By: Marlin Rolle