CEO says HP doing better, not great
By
Two years into his role as leader of Hewlett-Packard Co. Chief Executive Mark Hurd says the the world’s biggest computer company has improved but has a very long way to go.
“We are doing better. We are not doing great,” Hurd said. “On an absolute basis, we have a ton to do. Hurd said HP’s long-term sales outlook remained one of modest growth. Recent better-than-expected revenue growth of about 13 percent, aided by 3 percentage points of favorable currency exchange rates, was not sustainable, he said. “Think of us as a 4 to 6 percent growth company,” Hurd said.
Comments are closed.