, Hewlett-Packard sales drop as a result of slumping demand for PC
Hewlett-Packard Co., the No. 1 personal computer maker, announced that it went-through another quarter of a decrease in demand for personal computers and services aimed at businesses. The company noted an $8.9 billion quarterly loss as personal computer sales dropped again and it recorded a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp. Meg Whitman, Chief Executive Officer at Hewlett-Packard Co., faces the turnaround challenge.
