HP beats street on Q4 but reins in Q1 outlook HP made some rivals realise just how badly they're doing when it today announced preliminary fourth quarter results that showed it edging ahead of analysts' forecasts. At the same time it showed it was not entirely immune to the economic environment, as turbulence on the foreign exchange markets forced it to trim its outlook …
16% is a result of adding typical EDS quarterly revenues of about $5b to the $28.2b HP made without the acquisition of EDS. Before suggesting EDS was a smart buy at $18b perhaps the real question is what was the increase in profit for HP which will hopefully come clear when they publish the final results?
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