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HP misses notebook targets for May

Hewlett-Packard's (HP's) notebook shipments in May 2010 fell short of company expectations, due to drops in sales in Europe and China. HP shipped 2.6 million to 2.7 million notebooks for the past month, lower than the expected 3.2 million to 3.4 million because of the bond crisis in Europe and lower demand in China, according to US reports.

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Hewlett-Packard's (HP's) notebook shipments in May 2010 fell short of company expectations, due to drops in sales...

in Europe and China.

HP shipped 2.6 million to 2.7 million notebooks for the past month, lower than the expected 3.2 million to 3.4 million because of the bond crisis in Europe and lower demand in China, according to US reports.

The unsatisfactory performance could also affect HP's annual shipment goal of 45 million units for 2010, analysts said.

But some analysts believe postponed demand from the second quarter will boost HP's shipments in the third quarter and bring up overall performance in the second half.

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