HP reports its last quarter earnings
- Net revenue down 4% to $13.2 billion YoY
- Spent $800 million on stock share buy backs
- Printing division revenue down 5.1% to $4.375 billion
- Operating margin of 19.9%
- $872 million in operating profit
- 65% of revenue is from commercial hardware
- Revenue down 12% to $1.23 billion
- 7% of revenue is from consumer hardware
- Revenue down 22% to $285 million
- 28% of revenue is from supplies
- revenue flat = $2.86 billion