HP's Slump Deepens as Profits Plummet 32% in Fiscal 2Q
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Computer users are starting to think outside of the box, and that's bad news for Dell and Hewlett-Packard. The two PC giants will be reporting this week -- Dell on Tuesday and HP on Wednesday -- but investors aren't holding out for much.
Next week brings more earnings reports from big-name companies, including several home improvement giants, a couple of "good enough" computer makers, penny-pinching discount masters, and office supplier Staples -- whose results might stand as an indication of the broader economy's health.


