HP Q2 net profit down 65%; Q3 turnover within expectation

Worldˇ¦s second largest PC manufacturer HP announced its Q2 earnings report yesterday and its net profit slid 65.88% to US$319 mln as a result of the weak US economy. 

Its turnover also lost 3.5% to US$11.6 bln, and the Group believed that its Q3 turnover would drop 5%, in line with the previous forecast.

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