I read this article with great interest. HP is going to end this year at around $100 Billion… What a turnaround for this company! Interesting also would be that it makes HP the BIGGEST IT company , taking over from IBM, the defacto leader in the Industry… Now that is something for a company everyone thought had lost its way.. (remember HP=Printer company… ). The Compaq purchase WAS worth it. On a personal note though, the HP Smartphone I have, is a dummy!!! (a piece of brick, as I like to call it!).
The news article: HP reported a great quarter Wednesday. Revenue jumped 13 percent, to $25.5 billion, helped by tremendous sales in industry-standard servers, PCs, and the hot laptop market. HP forecast revenue to increase to $100.5 billion to $100.9 billion for its fiscal year, ending Oct. 31. The prior forecast was $98 billion to $99 billion. If it hits its new revenue target, it would be approximately a 9 percent increase over its 2006 revenue. Most companies HP's size are expected to grow at 6 percent at the most.
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