eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.
Hewlett-Packard rebounded from a shaky third quarter when it announced a 26 percent increase in its fourth-quarter profit last week. The company said it had higher sales in all its main business areas, including its storage and services division.
Officials said HP earned $1.09 billion in its fourth quarter, compared with $862 million during the same period last year.
The storage and services division, which posted a loss of $208 million on $3.35 billion in sales in the prior quarter, came back to life in HPs fourth quarter, posting a profit of $107 million on $4.1 billion in revenue.
Check out eWEEK.coms for the latest news, views and analysis on servers, switches and networking protocols for the enterprise and small businesses.