HP is an interesting company. They have been cranking out quarterly profits in the $1-3 billion range every quarter like clockwork (recession or no recession, dot-com bubble or dot-com bust) for over a decade, yet it’s all seems very boring to the casual observer. They are that grey blob that permeates the server room of many businesses. They slap their logo on grey business notebooks, desktops, and consumer products that while functional and effective are simply unremarkable. Well the blob has done it again. Yesterday Hewlett-Packard held its quarterly financial analyst conference call in which it announced a solid third quarter overall operating profit of $2.3 billion.
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