Perfect storm: Weak PC sales and lower demand from corporate clients combined to produce HP's fourth consecutive quarter of lowered revenue.
Hewlett-Packard Co reported a drop in revenue for the fourth straight quarter, hurt by weak PC sales and lower demand from corporates for its services.
Shares of the world's No 2 PC maker, which also forecast full-year adjusted profit largely below estimates, fell as much as 4% in extended trading on Aug 20.
