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HP reports last quarter’s earnings

Total revenue down 1% to $15.3 billion
- Net earnings of $0.7 billion
- Chopped $397 million in costs including vacating 30 real estate sites
- Printing Division (MFPs, printers, PPS ) revenue down 3% to $4.8 billion
o Operating profit of $713 million or 14.8% of revenue
o Printer/MFP supplies revenue down 1% to $3.13 billion
o Total hardware units up 14%
o Commercial (office use) hardware revenue down 22% to $923 million
 Commercial hardware units down 10%
o Consumer hardware (home use) revenue up 21% to $772 million
 Consumer hardware units up 18%
 Total of 12 million printers shipped

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