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wow power leveling raises view on life

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HP beats expectations, increases outlook Hewlett-Packard sent better-than-expected first-quarter results, raised its future for the second quarter, and additionally said wow power leveling it includes "disruptive innovations" on faucet in returning quarters. The particular disruptive technology comment via CEO Megabites Whitman likely was around Project Moonshot, the company's ARM-based forum designed for hyperscale places.HP stated first-quarter earnings for $1.6 billion dollars, or Sixty three cents your share, at revenue from $28.4 b, down Six percent from a year ago. Non-GAAP earnings inside first quarter were 82 cents a share. Retaining wall Street wanted first-quarter earnings involving 71 pennies a present on sales revenue of $27.6 billion.Within a earnings release, Whitman noted which HP "still has a lot of work to so as to generate the variety of growth we desire to see,Ins but "we imagine the benefits from the restructuring definitely will accelerate with fiscal 2013." Whitman extra that "I feel good about the rest of the year" and even promised "a quantity of new systems and troublesome innovations" in the groups ahead.To be sure that outlook, Horsepower projected first-quarter non-GAAP profit to be Eighty cents in order to 82 pennies a tell GAAP earnings associated with 38 cents a discuss to Thirty cents your share. For fiscal 2013, HP recognizes non-GAAP earnings for $3.40 a new share to make sure you $3.60 an important share with GAAP revenue of $2.Twenty five a discuss to $2.Fifty-five a promote. The gross annual outlook was in line through previous prospects, and the first-quarter see was well before Wall Avenue estimates.Beneath hood associated with HP, nevertheless, the company experienced revenue is reduced across all its pieces. Personal technology revenue during the first 1 fourth fell rmtbuddy wow power leveling 9 percent by a year ago; printer sales stumbled 6 percent; venture group product sales was away from 5 percent; and then enterprise expertise fell 6 percent.As well as the more detailed revenue by device breakdown:This unique story first appeared in ZDNet under the heading "HP Q1 solid; Whitman suggests 'I feel good about leftover year.'" H . p . beats targets, raises view on life

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