Hewlett-Packard co-CEO Meg Whitman said on Wednesday that revenue growth was "still possible" for the computer maker in its next fiscal year but that the performance of the overall PC market was a wild card.
Hewlett-Packard co-CEO Meg Whitman said on Wednesday that revenue growth was "still possible" for the computer maker in its next fiscal year but that the performance of the overall PC market was a wild card.
HP shares rose 4 per cent to $25.22 in morning New York Stock Exchange trading after Whitman's comments in an interview on a private news channel.
Wall Street analysts have estimated revenue of $108.9 billion for HP's 2014 fiscal year, according to Thomson Reuters.
That would be down from their expectation of $111.4 billion for fiscal year 2013, which ends in October.
Ms Whitman, who took the helm at the world's largest PC maker more than a year ago, is working on a turnaround at the company.
Copyright @ Thomson Reuters 2013
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