PALO ALTO, Calif. (TheStreet) — Hot on the heels of disappointing results from DELL and weak guidance from Cisco, HP reports its second-quarter results at a tough time for some of tech’s biggest titans.
Like Cisco, Dell, which reported its results late on Tuesday, noted a challenging macro-economic environment, particularly in Europe and the public sector. Both these trends could weigh heavily on HP when it reports its numbers after market close on Wednesday. HP reports its second-quarter results after market close on Wednesday.
Europe, the Middle East and Africa accounted for just over a third of HP’s total revenue during its first quarter, and analysts warn that the company’s business on the other side of the Atlantic will again prove key. …
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Here is the original post: Can HP Dodge the Dell/Cisco Bullet?
