Hewlett-Packard revenues fall as PC sales slide

 

Technology giant Hewlett-Packard has reported falling profits and revenues as sales of personal computers fall.

For the three months to 31st July, HP said net income fell to 854 million dollars down from 985 million dollars a year earlier.

Total revenue fell 8.1% to 25.35 billion dollars, with revenues at HP’s personal computer and printer business down 11.5%.