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Hewlett-Packard Profit Down 16%

Hewlett-Packard Co.'s first-quarter earnings declined 16% as the technology giant continued to see weaker sales in its core personal computer business, though adjusted profits beat the company's expectations.

 

Microsoft Profit Falls as PC Sales Shrink

Microsoft

Microsoft is on the verge of releasing Windows 8, its biggest software product in years — and the company's lackluster financial results on Thursday underscored how badly the company needs it to deliver.

 

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