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HP profits plunge more than 90 per cent

22 November 2011 •

Vendor's poor decision-making over the past year is laid bare as it pledges to "get back to basics"

HP is licking its wounds after seeing net profit plunge more than 90 per cent in what it described as a "challenging" year. Net profit slipped from $2.5bn (£1.6bn) in October 2010 to $239m in Oc...

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