Tech Industry

Strong earnings, IPO hopes boost HP

Hewlett-Packard reports strong earnings and announces it will spin off its Agilent business, yet another sign that the computing colossus is turning itself around.

 

  latest developments 

Hewlett-Packard reports strong earnings and announces it will spin off its Agilent business, yet another sign that the computing colossus is turning itself around.

"We're seeing it as a coming out from under the shadow."

- Edward "Ned" Barnholt, Agilent CEO

 


HP beats earnings estimates by a nickel
Hewlett-Packard beats analyst expectations by a nickel, reporting operating income of 85 cents per share on $12.2 billion in revenue.

Big deals, little cash for HP's e-services
The computer maker's "e-services" plan has helped it seal deals with Wal-Mart and others, but the initiative for powering the Internet isn't yet making much money, executives say.

Cause for optimism at Hewlett-Packard
Hewlett-Packard's turnaround is far from over, but the company is riding a wave of optimism and is expected to report earnings of 80 cents a share in its third quarter.

Agilent prepares for massive IPO
Hewlett-Packard is preparing to turn one of Silicon Valley's oldest businesses into the next hot start-up by taking its newly re-christened test and measurement equipment unit public.

Previous coverage
Hewlett-Packard starts E-speak pilot projects
Hewlett-Packard's E-speak Internet service technology is moving out of the company's labs and into pilot projects.