HP server sales in double figures in Q2


HP server sales in double figures in Q2

Karl Flinders

IT bellwether HP has reported double-digit PC and server sales in its second quarter of 2010, but its services business lagged behind.

The world's biggest IT company reported revenue of almost $30bn (£20.8bn) and profit of just over $2.2bn (£1.53bn), which represented 12.8% and almost 28% increases over the same period last year - the deepest point of the recession.

Desktop sales increased 27% and laptop sales grew 17%. While services sales increased by 2%. Server sales growth was over 50%.

But HP's services division, boosted by the acquisition of EDS, only managed a 2% increase to $8.7bn (£6.05bn).

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