HP second quarter non-GAAP profit forecast

"MarketWatch San Francisco, May 19," Beijing time May 20 early morning, Hewlett-Packard Company (HPQ) announced after the close of the stock market, the second quarter of the profit was lower than the same year ago, mainly with almost all lines of sales are related to year-on-year decline. In the quarter ended April 30, Hewlett-Packard's profit was $1.7 billion trillion, 70 cents a share, below a year-earlier profit of 2.1 billion dollars per share of 80 cents. According to a non-GAAP (non-US GAAP), HP's profits in the past quarter were $2.1 billion trillion, 86 cents per share. Total quarter sales fell 3% to 27.4 billion dollars.　　According to FactSet Research, Wall Street analysts expect HP to earn 85 cents a share, with a revenue of about $27.5 billion. HP's shares on the New York Stock Exchange rose 85 cents to $36.58, or 2.38%, in the Tuesday U.S. stock market. After the announcement, as of 4:21 (Beijing time Wednesday 4:21 A.M.), the unit fell 1.35 US dollars to 35.23 U.S. dollars and a 3.69% decline in trading.