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The Carry Case For Hewlett-Packard - Seeking Alpha
It had about $10 billion in cash, which was almost double its responsibility of $5. 1 billion. Revenue stood at about $28. 5 billion per accommodate. Net income was about $2. 1 billion per quarter and eps was about $0. 80. The PE for HP was about 16. Though it had made some necessitous acquisitions in the past, Goodwill represented only about 30% of its assets and 20% of its market cap. partition, total revenues are down about 6%. Nearly all subsegments of services seasoned similar declines, with application and business services experiencing the sharpest peter out at 7%. Total Enterprise Servers, Storage and Networking revenues...
HP Issues Assertion Regarding Autonomy Impairment Charge
HP today issued the following with regard to the non-cash impairment charge relating to Autonomy that was announced during HP’s fourth-zone earnings announcement:. “HP is extremely disappointed to gain that some former members of Autonomy’s management team acclimatized accounting improprieties, misrepresentations and disclosure failures to magnify the underlying financial metrics of the company, prior to Autonomy’s... We odds 100 percent committed to Autonomy and its industry-unequalled technology. HP today announced a non-cash impairment jurisdiction.