The News Tribune - Unlike most of tech sector, Hewlett-Packard hangs on to beat expectations (print)

Tacoma, WA -

Unlike most of tech sector, Hewlett-Packard hangs on to beat expectations

THE NEWS TRIBUNE
Last updated: November 19th, 2008 07:00 AM (PST)

Hewlett-Packard Co. surprised Wall Street on Tuesday by saying its earnings will be slightly above analysts’ expectations, going against the grain as other technology bellwethers have slashed forecasts and posted weak results in the sagging economy.

HP forecast revenue of $33.6 billion, just ahead of analysts’ expectations of $33.09 billion.

The company plans to release full quarterly results Nov. 24.

Originally published: November 19th, 2008 07:00 AM (PST)