HP feels the love for the PC market after Q1 sales surge

Hannah Breeze
clock • 3 min read

CEO claims market is in rudest health since XP migration boom

HP's CEO has said the firm's PC business is performing so well that it mirrors the PC boom created by the Windows XP refresh cycle, as the vendor reports its Q1 numbers. For the three months to 31 January, GAAP net profit from continuing operations hit $600m, down six per cent annually, on GAAP net revenue which rose four per cent to $12.7bn (€12bn) over the same period. In its Personal Systems business, net revenue was up 10 per cent annually, with a 3.8 per cent operating margin. Comm...

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