HP Projects Over $100 Billion in Sales in Fiscal 2008
January 8, 2007 Timothy Prickett Morgan
Hewlett-Packard was hosting its annual event with securities analysts in New York as we ended the publishing year, and the big news was that HP is now projecting that it will be the first information technology company to break through the $100 billion sales mark. This is probably not a case, like the four-minute mile, where once somebody does it, then others will follow. IBM is probably about the only other company that could break through this level, and with the divestitures IBM has made in recent years–spinning off its PC and disk drive businesses–it seems unlike that Big Blue |