Hewlett-Packard's profit beats estimates on server demand
San Francisco
HEWLETT-PACKARD Co reported fiscal second-quarter profit that exceeded analysts' estimates as corporate technology spending picked up ahead of the computer maker's planned separation into two companies.
Profit before certain items was 87 US cents a share in the period that ended in April, the company said on Thursday. Analysts on average had projected 86 US cents a share, according to data compiled by Bloomberg.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings