Hewlett-Packard Profit Forecast Misses Estimates

Hewlett-Packard Profit Forecast Misses Estimates Play

Feb. 22 (Bloomberg) -- Hewlett-Packard Co. forecast fiscal second-quarter profit that missed analysts’ estimates as consumers curtail personal-computer buying, doing more computing on smartphones and tablets made by rivals. Sales in the PC group dropped 15 percent to $8.87 billion in the period that ended in January, as consumers held off on buying new machines in the first full quarter under Chief Executive Officer Meg Whitman. Emily Chang and Jon Erlichman report on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

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