More on H-P: The company is taking an $8.8B charge related to Autonomy just a year after buying...

|By:, SA News Editor

More on H-P: The company is taking an $8.8B charge related to Autonomy just a year after buying it for $10.2B. Some thought a write-down was possible, but few expected one this large. FQ1 guidance is for EPS of $0.68-$0.71, below an $0.85 consensus. Prior FY13 EPS guidance of $3.40-$3.60 is maintained, but there's probably a lot of skepticism. PC sales -14% Y/Y (-10% in FQ3), printing -5% (-3% prior), services -6% (-3% prior), enterprise hardware -9% (-4% prior), software +14% (boosted by Autonomy), financial services +1%. HPQ -10%. CC at 8AM ET (webcast). (PR)