HP’s profit up 14 pct despite sales drop (AP)

FILE - In this March 8, 2009 file photo, the Hewlett-Packard Co. facility in Palo Alto, Calif., is shown. Hewlett-Packard Co. releases quarterly earnings after the market close Monday, Nov. 23, 2009. (AP Photo/Paul Sakuma, file)AP – Hewlett-Packard Co. says cost cutting helped its profit jump 14 percent in the latest quarter despite an 8 percent revenue decline.

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HP’s profit up 14 pct despite sales drop
(AP)

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