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HP's profit up 14 pct despite sales drop
SAN FRANCISCO â Hewlett-Packard Co.'s profit jumped 14 percent in the latest quarter, helped by cost-cutting and better results from its technology services division.
Those factors helped offset the fact that four of HP's major divisions â personal computers, servers, software and printers â each ... Read : HP’s profit up 14 pct on cost-cutting, strength in services, despite sales drop.