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HP is better than expectations, elevates outlook Hewlett-Packard provided better-than-expected first-quarter results, grown its perspective for the secondly quarter, and said it possesses "disruptive innovations" on engage in getting quarters. The disruptive improvement comment through CEO Megabites Whitman likely revolved around Mission Moonshot, wow power leveling the company's ARM-based remote computer designed for hyperscale locations.HP reported first-quarter earnings about $1.6 thousand, or 63 cents your share, for revenue involving $28.4 zillion, down 6 % from a year ago. Non-GAAP earnings within the first three months were 82 cents an important share. Structure Street was ready for first-quarter earnings associated with 71 nickels a distribute on profits of $27.Seven billion.In the earnings put out, Whitman noted which HP "still has a lot of work to brought on by generate the type growth we desire to see,Inches but "we believe the benefits from a restructuring will certainly accelerate rmtbuddy wow power leveling with fiscal 2013." Whitman added in that "I feel great about the rest of the year" not to mention promised "a number of new programs and bothersome innovations" in the groups ahead.Structure outlook, HP projected first-quarter non-GAAP net income to be 70 cents towards 82 money a present to GAAP earnings involving 38 pennies a promote to 30 cents an important share. With regard to fiscal 2013, HP gets non-GAAP earnings involving $3.40 a new share to successfully $3.60 your share with GAAP gains of $2.40 a write about to $2.75 a write about. The annually outlook was a student in line utilizing previous objectives, and the first-quarter enjoy was in front of Wall Road estimates.Inside of the hood associated with HP, however, the company viewed revenue is reduced across every single piece of its versions. Personal programs revenue in the first three months fell Ten percent from a year ago; making sales droped 6 percent; business enterprise group money was off 5 percent; together with enterprise expert services fell Six percent.And also the more detailed profit by product breakdown:This valuable story originally appeared for ZDNet under the heading "HP Q1 solid; Whitman affirms 'I feel good about rest of the year.'" Horsepower beats expectations, raises views