HP Computer Unit Sales Boost, But Profit Remains Low

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HP is a well Known firm for designing the Computers, Laptops, Tabs, and many accessories. HP is known for its services and quality; people use this brand for the latest use of innovative machinery parts. Recently HP has seen a boosted sale as compare to the previous year. The Firm reported the profit increase i.e. $985m profit as compare to the $1.39bn a year ago for May to July. Company has observed an increase in 1% revenue to $27.6bn, and the company has seen a surprise increase of 12% rise and thisis the personal computer sales, which isreflecting that trend of using the computer is againcoming and peopleare again becoming fond of using the computer accessories.

CEO of HP said in an interview, “my confidence has increased with the rise in the sales of the computer for this year. HP is planning to restructure the company by cutting down the jobs, reducing the expenses, and more lucrative lines of the business. Our plan will obviously bring the good results for the company and this is the best thing for us”.

MS Whitman also acknowledged that Computers are again demanded the companies because computers can perform what other alternatives cannot perform”.