Hewlett-Packard Co. (NYSE: HPQ) will be reporting its second quarter results Tuesday afternoon. Will the world's largest computer manufacturer show strength in PC sales and market share gain in the laptop PC segment? We'll soon see.Corporate spending on IT equipment has remained soft in 2009, something that will possibly hamper HP's results. Although, International Business Machines Corp. (NYSE: IBM) saw a profit uptick in its latest quarterly report while revenue fell, and HP continues selling the bulk of the world's laptop PCs to this day.
Here we go -- HP is about to have its webcast on Q1 financials, with Chairman and CEO Mark Hurd leading the way. With competitor Dell releasing quarterly results next week, will HP meet, beat or dip below analyst projections for the quarter completed as of 1-31-07? We are sure to find out.
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