HP’s revenue declines in Q3

HP’s net revenue for the third quarter ended 31 July was $27,2-billion, down 8% from the previous year, or 7% down when adjusted for the effects of currency. Third quarter GAAP diluted earnings per share (EPS) was $0.71, up from a GAAP diluted loss per share of $4.49...

Massive PC decline for Western Europe

PC shipments in Western Europe totalled 10,9-million units in the second quarter of 2013, a decline of 19,8% compared with the same period in 2012, according to Gartner. “The market exit of the netbook PC, and vendors reducing their inventory to get the new...

Tablet shipments slow in Q2

As expected, worldwide tablet shipment growth slowed in the second quarter of 2013 (2Q13), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. Worldwide tablet shipments finally experienced a sequential...

Microsoft disappoints Wall Street

A $900-million charge related to Surface RT inventory adjustments has seen software giant Microsoft post lower than expected results for its fourth quarter, with its share price dropping 5% immediately after the news. The company announced quarterly revenue of...

Q2 PC decline is ‘on forecasts’

Research group IDC says that the 11% decline in worldwide PC shipments for Q2 of 2013 compared to last year is “effectively right on forecasts”. It says that worldwide PC shipments totaled 75,6-million units in the second quarter of 2013, down -11,4% compared to the...