Thursday, May 19, 2011

HP's unlikely hero | TheStreet

http://www.thestreet.mobi/story/11126378/2/leo-apotheker-hps-unlikely-hero.html

""There is a common perception that HP is mainly a commodity PC and printing vendor due to the fact that approximately 53% of its total revenue in calendar year 2010 was derived from its computing and printing units," said Brian Marshall, an analyst at Gleacher & Company. "However, many fail to recognize that the company's operating profits are generated in a much different manner." Marshall points out that more than 63% of the company's operating profit comes from enterprise-focused, recurring revenue-type businesses such as services, networking and software. Services alone accounted for a massive 38% of HP's total operating profit in 2010, he added."
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