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Hewlett-Packard shows all in all disapointing quarterly results

August 22, 2013

Hewlett-Packard presented an all in all disappointing result. Sales dropped by 8% to $27.2bn in Q2 and were below market expectations. Net income per share of 86 cents was in line. The company further suffered from the ongoing weak demand for conventional PC's and has therefore rather disappointed with its outlook for the current quarter and the next business year. Shares dropped up to 8% after-market.