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Cost savings derived from simplifying its supply chain had gone into spending on research and expanding its sales team, Vyomeh Joshi, the global head of HP’s imaging and printing division, said in an interview in Hong Kong late on Monday. “When the economy was doing great, we were shipping more and more units, probably we were [...] First, the stray thoughts. 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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