John Paczkowski

Recent Posts by John Paczkowski

Hewlett-Packard: Scattered Patches of Brightness

markhurd_aokHewlett-Packard (HPQ) posted its quarterly financials Tuesday afternoon and they were slightly better than expected, driven by a two percent increase in PC shipments. Quarterly profit fell 19 percent to $1.64 billion, or 67 cents a share, on revenue of $27.45 billion. But excluding one-time items, HP earned $2.2 billion, or 91 cents a share, a penny better than analysts surveyed by Thomson Reuters had forecast.

And HP seems confident of its performance going forward. The fiscal fourth-quarter earnings view it issued today is above expectations, and the company is maintaining its fiscal-year earnings target. That bodes well for the industry.

“Business is stabilizing,” HP CEO Mark Hurd said in a statement. “We made positive gains in extending our market leadership in key segments and strengthening our competitive position….We are confident that HP will be an early beneficiary of an economic turnaround and will continue to outperform when conditions improve.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus