It hasn't been the best year for HP, what with the demise of webOS and the uncertainty surrounding its status as a PC maker. But, Meg Whitman hasn't taken the bridge of a sunken ship, though things are far from peachy keen. HP just posted its Q4 2011 earnings, and the company cleared a healthy $9.7 billion operating profit in 2011, though that's down 10 percent from last year. Total revenue for the quarter was 32.1 billion, a three percent decline from 2010. And, for those wondering just how much the death of webOS cost the company? Turns out that dalliance took a $3.3 billion chunk out of HP's bottom line. So, the news isn't the best for you HP fans, but we'll be listening in on the earnings call later today, so stay tuned for more details. Impatient folks can find plenty more financial figures in the Source link and PR that follow.Continue reading HP releases Q4 2011 earnings: $9.7 billion operating profit for fiscal year
HP releases Q4 2011 earnings: $9.7 billion operating profit for fiscal year originally appeared on Engadget on Mon, 21 Nov 2011 16:44:00 EDT. Please see our terms for use of feeds.
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