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HP suffers from poor corporate spend

Nibble Analysts compare it with IBM
By Nick Farrell
Mon May 18 2009, 12:27

MAKER OF expensive printer ink, HP is set to announce its figures tomorrow and analysts say that the outfit is suffering from slow corporate spending.

Wall Street soothsayers told the AP that HP is going to report a picture similar to the one IBM did last month, with all its departments losing cash.

On the positive side, the analysts expect HP to say that PC sales are bottoming out and things are starting to get better. µ

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Comments
Poor corporate

I hope they can keep earning the big dollars. After all, they are suffering the most in this down economy. See this Armani suit? I've been wearing it for an entire MONTH!

posted by : MarkusR, 19 May 2009 Complain about this comment
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