7. Hewlett-Packard Company (HPQ) is one of the largest technology companies and a provider of products ranging printing, personal computing, software and information technology infrastructure.
The company's revenue for the first quarter of 2011 stood at $32.3 billion, up 4% compared to the corresponding quarter last year. Demand for commercial hardware was robust, while the commercial PC and printer segments performed strongly.
Global revenue in the first quarter accounted for 65% of total revenue, with revenue from BRIC countries, which account for 11% of HP's revenue, surged 11% during the quarter.Earnings per share for the first quarter were $1.17, up 26% from $0.93 in the prior year's quarter. Gross margin for the first quarter was 24.4%, up 150 basis points compared to the same period last year. Regarding the financials, Cathie Lesjak, H-P's CFO, said in a press statement, "H-P's financial strength and discipline helped generate $3.1 billion in cash flow from operations, up 28% year over year," said. The stock is trading at 7.8 times its estimated 2011 earnings.
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