HP Posts 2Q Profit - InformationWeek

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HP Posts 2Q Profit

Hewlett-Packard reported net income of $659 million for its second quarter, ended April 30, on revenue of $18.0 billion. That was down slightly from HP's first-quarter profit of $721 million on revenue of $17.9 billion. The company still has pruning to do--it plans to cut another 3,500 jobs during the second half of the year. This would bring the total number of jobs lost from the merger to 17,900.

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