Instant view: HP's Q4 beats Street view, shares bounce

Mon Nov 21, 2011 4:56pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Reuters) - Hewlett-Packard's quarterly results beat Wall Street's expectations, while a weak 2012 earnings forecast underscores how the technology giant is heading into a choppy year.

Commentary:

BRIAN MARSHALL, ANALYST, ISI GROUP

"They reported a pretty solid quarter. It was pretty well rounded across the board."

SHAW WU, ANALYST, STERNE AGEE

"They've really had a strong quarter. There's a bit of a relief rally going on.

"So far so good. This is definitely a solid start. The turnaround efforts: the first decision was keeping the PC business, and it helped the quarter."

MICHAEL YOSHIKAMI, YCMNET ADVISORS

"I would describe the numbers as stabilization. This is the first quarter in a long time there has not been a drastic change or announcement.   Continued...