It's all on the Chinese market, HP hit turnaround.

Source: Internet
Author: User
Keywords Year-on-year growth PC turnaround Hewlett-Packard Inc.
HP's four-quarter profit rose 14% per cent this year, foreign media reported yesterday, thanks to strong performance in China. HP reported a net profit of 2.412 billion U.S. dollars in the quarter, up 14% per cent year-on-year, in the quarter's financial year 2009.  In the Chinese market, HP's overall sales rose more than 20% per cent year-on-year, while PC sales grew by more than 40%.  Not only is China's PC market huge, but it can also sustain high growth in a crisis, Kessie Les Jacques Hewlett-Packard executive vice president and chief financial officer.  She said the company's recovery next year will depend largely on markets in Europe, the Middle East and Africa. Compile/Wangjin rain reporter Morninghill Tone
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