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Hewlett-Packard Co., the world’s largest maker of computers and printers, reiterated earlier forecasts for fourth-quarter profit and sales that indicate rebounding demand from businesses and consumers. Profit, excluding some costs, will be $1.25 to $1.27 per share in the period that ends in October, Hewlett-Packard said Thursday. That matches a preliminary forecast [...] HSAN JOSE, Calif. – Hewlett-Packard Co.’s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division. Revenue was up in most of the technology company’s major divisions and HP raised its 2010 outlook, citing “accelerating market momentum.”The numbers show that technology spending by corporations is creaking [...] |
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