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During its FQ1 earnings call, H-P (HPQ) struck a mildly positive tone about U.S. demand, but...

During its FQ1 earnings call, H-P (HPQ) struck a mildly positive tone about U.S. demand, but less so about Europe. The company also talked about how a decline in photo printing (no doubt due to web-based sharing) is hurting sales for its cash-cow printing division, and about how its current cost base is unsustainable. The latter suggests major layoffs could soon arrive. HPQ -0.8% AH. (live blog)
Comments (1)
  • faraon34
    , contributor
    Comments (10) | Send Message
     
    Nothing new for the Hp employees .
    22 Mar 2012, 04:19 PM Reply Like
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