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HP 'expects modest growth'

Tuesday 17 July, 2007

In news which may be of interest to users of HP printer cartridges and HP laser toner cartridges, HP has confirmed it expects its long-term sales growth to be modest.

According to Mark Hurd, HP's chief executive, the company's recent period of revenue growth was not sustainable and the company is "doing better" but "not doing great", reports Reuters.

"Think of us as a 4-to-6-percent-growth company," said Mr Hurd.

"I would give us a good grade on improvement. I think we are better incrementally. I think we are still poor absolutely," he added.

Mr Hurd's comments were made during an interview at an annual technology conference, hosted by Fortune magazine.

Founded in California in 1939, HP manufacturers a number of products, including digital cameras, scanners, personal computers and printers such as the PhotoSmart D7160 and the OfficeJet 6310.

Buy high quality, discount HP inkjet printer cartridges here.

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