TECHNOLOGY & TELECOMMUNICATIONS
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From Times Staff and Wire Reports
Hewlett-Packard Reports 41% Jump in Earnings: The Palo Alto-based maker of computers and scientific instruments said rising sales and a rein on expenses helped boost earnings to $368 million, or $1.42 a share, for the first quarter ended Jan. 31. Hewlett-Packard Co.’s net income was $261 million, or $1.03 a share, during the same period last year. Revenue jumped 24% to $5.7 billion from $4.6 billion, and orders rose 18% to a record $6.1 billion from $5.2 billion.
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