H.P. Surpasses Forecasts With 5% Jump in profit

LAURIE J. FLYNN
Published: November 22, 2010

For Léo Apotheker, his debut public appearance as chief executive of Hewlett-Packard could not have gone much better had he scripted it.

The company beat estimates on strong corporate sales despite softness in sales to consumers.

Three weeks into his tenure, Mr. Apotheker reported that the technology company beat Wall Street’s quarterly estimates on strong corporate sales despite softness in sales to consumers.

“We have remained intensely focused on building our strong position, and I think our results today are further proof of it,â€