Wednesday 27 November 2013

HP will stop lossing, but the sale losing continue


HP will stop lossing, but the sale losing continue
Hewlett Packard Nineth straight year, published quarterly figures showing a lower sales than in the same quarter a year earlier. If you do not have any impact of exchange rate fluctuations, which even tenth seasons. However, the Group was in fiscal year 2013 would translate into the loss of profits.

As the figures were better than expected, the stock market, stock prices Tuesday night after-hours trading has increased by more than 5%. In Germany, HP has managed to buck the trend of revenue growth, which is estimated, but not close.

HP for the 2013 fiscal year is October 31. In the last quarter, the group implemented a $ 29.1 billion. These are 3% less than in the last quarter of 2012 & 2013 annual income amounted to US $ 112.3 billion, representing a decrease of 7%.

Net income is the HP has bottomed out: net income for the fourth quarter amounted to $14 million in the same quarter last year was 6.9 billion loss of influence. From fiscal year 2012 to 2013 left after $51 billion loss.


Yearly sale of all Division

HP (in descending order of the percentage of total sales) leads the six lines of business PC and laptop, large enterprise (Enterprise), printers, Enterprise hardware, software, and financial services. 2013 all six areas of the sales decline. In the fourth quarter, common small increases, at least in the enterprise hardware 2%-8 quarters increased for the first time. Laser printers HP increase greater market share, despite the supplies business back.

Is especially strong decline in quarterly revenues to 9% areas of software and services for large enterprises. That pain, because 30% of the software brings all six business lines of the highest profit margins. HP plans to increase further the value and exit the software contracts with low margins. At the same time, sales software as a service model to accelerate.

Maximum income, PC and laptop Division, sources have harsh HP 3%, the smallest. Quarterly sales fell to 2% of the personal computer business. Due to the market as a whole contracted more HP in order to gain market share and investors a positive surprise. To the relatively good results, large schools in India Uttar-Pradesh State computer orders have made significant contributions. PC and laptop around in order to discover new sources of revenue, HP wants to create an "ecosystem" of parts and service. Even if the "mobility strategy".

Brings extensive 2013-year cutbacks to save about $ 2 billion. That is expected to fall below management. In 2014, more places will be deleted. In the fourth quarter, the increase in the number of these employees doing research and development. In this area, Hewlett-Packard's Chief Whitman to get more involved.

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