HP 2.06 billion second-quarter profit up 16% year on year

May 21 news, the growing international demand, fiscal second quarter, HPs profit to grow again. However, HPs operating performance is not enough to allay U.S. recession could have an impact on HPs worried because the company Hewlett-Packard for 69 years to digest the second largest acquisition expenses.

Hewlett-Packard on Tuesday announced earnings results are not surprising, because last week, HP has provided the latest quarter earnings figures and MMPQ2222A datasheet and future projections. Investors were disturbed by the news of the acquisition. HP plans to use 13.2 billion acquisition of technology services company EDS (Electronic Data Systems).

growth in international demand and MMPQ2222A price and the dollar weak, driven by HPs close to 4 month in the fiscal second quarter sales of 28.3 billion, an increase of 11%. HP said that if the exchange rate stable, HPs sales revenue will grow by 5%.

China, India, Russia and MMPQ2222A suppliers and Brazil, rapid economic growth contributed to the growth of HPs revenue. HPs second quarter sales in these countries increased by 26%.

Hewlett-Packards fiscal second quarter profit of 20.6 billion U.S. dollars, 80 cents a share, an increase of 16%. HPs profit a year earlier to 17.6 billion U.S. dollars, 65 cents a share.

Hewlett-Packard said, net of acquisition costs, HPs operating profit margin from last years 9% to 10%.

HP stock in the normal trading hours on Tuesday, fell 25 cents, to close at $ 46.46. In after-hours trading, HP shares fell another 31 cents, or 0.7%.