Hewlett-Packard today reported that for the first quarter of 2011, the company brought in revenue of $32.3 billion. That's an increase of 4 percent from a year ago, but slightly below what Wall Street was hoping to hear.
Wall Street analysts were expecting revenue between $32.75 billion and $33.59 billion, and earnings per share between $1.26 and $1.32. HP's earnings per share this quarter came in at $1.17 (including 19 cents per share in after-tax costs), which is a 26 percent leap from the 93 cents per share earned a year ago. … Read more