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Wednesday, Jun 12
It's "still possible" for H-P (HPQ +4.7%) to deliver revenue growth in FY14 (ends Oct. '14),...
It's "still possible" for H-P (HPQ +4.7%) to deliver revenue growth in FY14 (ends Oct. '14), says Meg Whitman in a CNBC appearance (video) that has brought the IT giant's shares to within pennies of their 52-week high. Analysts currently expect H-P's FY14 sales to fall 2.2% in FY14, after declining 7.4% in FY13. Whitman also admits H-P's struggling PC ops remains the company's "biggest wild card," and (in spite of intense competition) says H-P needs to expand its mobile offerings to "other operating systems" (Android seems a good bet). (yesterday)