11/27/2013

Hewlett-Packard has outperformed revenue projections in its enterprise group, generating optimism among investors in HP's turnaround strategy. Total enterprise revenue grew 2%, led by division gains of 10% in server sales and 3% in networking business. "In short, HP didn't guide down for 2014 and that is quite positive so far versus many in 'old tech,'" said Ben Reitzes, an analyst for Barclays.

Full Story:
Reuters

Related Summaries