HP's second-quarter results in 2013 fell year-on-year but still higher than expected

May 22, 2013 – HP today released its financial report for the second quarter ended April 30, 2013. According to GAAP accounting standards, diluted earnings per share (EPS) for the second quarter was $0.55, down from $0.80 in the same period last year, but higher than the previous forecast of $0.38 to $0.40 per share. Non-GAAP diluted earnings per share for the second quarter were $0.87, down from $0.98 in the same period last year, but higher than the previous forecast of $0.80 to $0.82 per share. Non-GAAP income information for the second quarter does not include the $621 million in after-tax costs associated with the acquisition of intangible assets amortization, restructuring charges and acquisition costs, or $0.32 diluted earnings per share.



HP's second quarter performance statistics comparison table

Net income for the second quarter was $27.6 billion, down 10% year-on-year and 9% lower due to exchange rate effects. MegWhitman, President and CEO of Hewlett-Packard Co., said: "Our non-GAAP dilutions due to higher-than-expected corporate service group and print business performance, coupled with accelerated savings and accelerated implementation and operational improvements. The post-earnings earnings are $0.05 higher than expected."

Business group performance in the second quarter of 2013

Revenue from the personal information products business decreased by 20% year-on-year, and the operating profit margin was 3.2%. Commercial business revenue decreased by 14% year-on-year, and consumer business revenue decreased by 29% year-on-year. Total sales fell 21% year-on-year, desktop sales fell 18% year-on-year, and notebook sales fell 24% year-on-year.

Printing business revenue decreased by 1% year-on-year, and operating profit margin was 15.8%. Total hardware sales decreased by 11% year-on-year. Commercial hardware sales fell 5% year-on-year, while consumer hardware sales fell 13% year-on-year.

Enterprise group revenue decreased by 10% year-on-year, and operating profit margin was 15.9%. Network revenue increased by 1% year-on-year, industry standard server revenue decreased by 12%, key business system revenue decreased by 37%, storage revenue decreased by 13%, and technical service revenue decreased by 3%.

The income of the enterprise service group decreased by 8% year-on-year, and the operating profit margin was 2.6%. Application and corporate services revenue fell 10% year-on-year, and IT outsourcing revenue fell 6% year-on-year.

Software Group's revenue decreased by 3% year-on-year, and its operating margin was 19.1%. Support revenue increased by 12% year-on-year, while license revenue fell by 23% and service revenue fell by 5%.

HP financial services revenue fell 9% year-on-year, with net portfolio assets down 3% and financing volumes down 24%. The business achieved an operating profit margin of 11.0%.

Suitcase Set

Suitcase sets are a must-have for anyone who travels frequently, whether for business or pleasure. These sets typically include multiple pieces of luggage in varying sizes, which can be used for different types of trips and packing needs. They are designed to make traveling more convenient, organized, and stylish, while also providing a high level of protection for your belongings.

A good suitcase set should be durable, lightweight, and easy to maneuver, with ample storage space and compartments for all your essentials. It should also be able to withstand the wear and tear of travel, including rough handling, bumps, and scratches. Additionally, the set should be aesthetically pleasing, with a design that reflects your personal style and preferences.

When shopping for a suitcase set, there are several factors to consider, such as the size and number of pieces, the material and construction quality, the features and functionality, and the price point. You should also think about your specific travel needs and preferences, such as the type of trips you take, the amount of luggage you typically bring, and the level of organization and security you require.

One of the main advantages of a suitcase set is that it offers versatility and flexibility. With multiple pieces of luggage, you can choose the size and style that best suits your needs for each trip. For instance, if you are going on a short weekend getaway, you may only need a small carry-on bag, while a longer vacation may require a larger checked bag and a medium-sized carry-on. Having a set of suitcases also allows you to mix and match different sizes and colors to create a cohesive and coordinated look.

Another benefit of a suitcase set is that it can help you stay organized and efficient while packing. Most sets come with various compartments, pockets, and dividers, which allow you to separate your clothes, shoes, toiletries, and other items. This can make it easier to find what you need quickly and avoid overpacking or forgetting essential items. Additionally, some sets come with packing cubes or garment bags, which help keep your clothes wrinkle-free and organized.

Suitcase sets also provide a high level of protection for your belongings. Most sets are made from durable materials, such as hard-shell polycarbonate or soft-shell nylon, which can withstand impact and abrasion. They also come with features like TSA-approved locks, reinforced corners, and sturdy handles, which help prevent theft, damage, or loss. Some sets even have built-in GPS trackers or Bluetooth-enabled locks, which allow you to track your luggage or lock and unlock it remotely.

In terms of design and style, suitcase sets come in a wide range of colors, patterns, and textures, to suit different tastes and preferences. Whether you prefer classic black, sleek metallic, bold prints, or textured finishes, there is a set that can match your style. Some sets even have customizable options, such as removable stickers or monogrammed initials, which allow you to personalize your luggage and make it stand out.

When it comes to choosing the right suitcase set, there are several factors to consider. First, you should determine your travel needs and preferences, such as the number of trips you take, the length and type of trips, and the amount of luggage you typically bring. You should also consider your budget and the quality and features you require.

Some of the key features to look for in a suitcase set include:

- Size and number of pieces: Depending on your needs, you may want a set that includes a combination of carry-ons, checked bags, and duffel bags. You should also consider the size and weight restrictions of your airline, as well as your own physical ability to lift and maneuver the luggage.
- Material and construction quality: Look for suitcases made from durable materials, such as polycarbonate, ABS, or nylon, with reinforced corners, zippers, and handles. Hard-shell suitcases tend to be more durable and protective, while soft-shell suitcases are more flexible and lightweight.
- Features and functionality: Consider the features and functions that are important to you, such as TSA-approved locks, spinner wheels, telescoping handles, packing compartments, and expandable zippers. Some sets also come with additional accessories, such as packing cubes, toiletry bags, and shoe bags.
- Style and design: Choose a set that reflects your personal style and preferences, whether you prefer classic, modern, or trendy designs. Consider the color, pattern, and texture options, as well as any customization options.

Overall, a suitcase set is an essential investment for anyone who travels frequently or wants to make their trips more organized and convenient. With a variety of sizes, styles, and features to choose from, there is a set that can meet your needs and suit your style.

Luggage Suitcase,Suitcase Set,Travelling Suitcase,Luggage Suitcases Set

OYEAL Global , https://www.oyealhome.com