HP’s results for the first quarter is a success for the CEO Meg Whitman. She lives under heavy pressure to turn the company over her predecessor Léo Apotheker left in free fall. It appears that she got it on the track.
Class=”paragraphIntro”> Especially nice is it safe for Whitman to the PC business is growing again, for the first time in seven quarters. It was one of her first impressions of the HP CEO stating that this would continue to be a strategic business for HP. The activities of the Personal Systems Group grew by four percent compared to the same period last year and ended up 8.53 billion dollars. It was something that analysts had expected.
class=”paragraphIntro”> Although HP results were well received – shares which have gone up by almost 100 percent in one year increased further in after trade after the report – will it still more seen as a step in the right direction rather than the company’s home.
class=”paragraphIntro”> Overall, , for example, sales by 1 percent to 28.2 billion dollars. Profit rose 16 percent to $ 1.4 billion.
Microsoft is another IT giant that came in strongly in the first report river. A big boost to sales in the hardware to consumers, which includes the Xbox consoles and Surface plates, was behind an increase in its total sales at 14 percent. Total ended up Microsoft’s sales of 24.51 billion. It was significantly better than analysts on Wall Street had expected.
class=”paragraphIntro”> Activities in hardware to consumers grew from 2.80 billion to 4.72 billion dollars .
class=”paragraphIntro”> That it is this part of the company that drives growth is not entirely straightforward for Microsoft, where the margins are much tighter in these areas than in the company’s traditional software sales. It will require a balancing of rank for new president Satya Nadella.
Also Apple is like a train. The company had its highest sales ever for a single quarter. Sales amounted to SEK 57.6 billion, which was up 5.7 percent year on year. While iPhone sales ended up at an all-time high.
It’s the exclamation mark in the first report river, however, was Facebook. The report for the fourth quarter smashed analyst expectations – turnover of 2.59 billion dollars, an increase of 63 percent compared with the same period last year (analysts’ expectations stood at 2.33 billion dollars). It was a record, of course.
class=”paragraphIntro”> results also sent up Facebook’s share to record levels. Now it is up and sniffs the 70-dollar mark (shares were listed at the price of $ 38). This means that Facebook is valued at 177.54 billion (sales for the full year was 7.87 billion dollars). By comparison to Microsoft, with sales for 2013 on $ 77.8 billion valued at 313 billion dollars.
Now there is talk, not surprisingly, if a new technology bubble in the U.S.. The Facebook draped $ 19 billion for Whatsapp is not likely to get the discussions silenced.
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