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HP Result 25/02/2015

HP recorded a net profit in the first quarter of $1.3 billion on turnover of $26.8 billion, which compares with a net profit of $1.4 billion on turnover of $21.7 billion in the first quarter of last year. Turnover in HP’s personal systems business was flat year on year at $8.5 billion, though total units shipped in Q1 rose 9%. Notebook shipments increased 21% but desktop shipments fell 7%.