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(London.CityRegiions.com, December 02, 2012 ) London, U.K -- Hewlett-Packard’s debut of new printer models is a hopeful sign amid gloomy news of losses for the company. HP revealed new Officejet and Laserjet printers in Barcelona this week, and officials said they are a major addition to the information technology company’s products. The new devices are getting positive reviews, said HP’s Fulvio Ferrari, according to the Sunday Times. Printers have to adapt to big changes in the computing world, said Ferrari, a vice president and general manager for HP’s inkjet and web solutions efforts. “Mobile devices are fundamentally changing the PC business,” Ferrari said. “The PC business used to be desktop, and became notebook, and now it is moving to tablets and mini-tablets.” More information is being handled through mobile devices, Ferrari pointed out. The industry must set standards so that devices and printers can link seamlessly. The printer debut came as HP reported disappointing quarterly and yearly results. Revenue fell 5% and stocks lost $6.41 compared with the last financial year, when shares earned $3.32. Stock prices plummeted to their lowest point in a decade. The losses were caused at least in part to a $9.7 billion acquisition of Autonomy, a UK company that HP bought to help compete in the software sector and to grow its hardware offerings. HP took an impairment charge of $8.8 billion after the deal. HP said Autonomy had misrepresented its business data. The previous management team “used accounting improprieties, misrepresentations and disclosure failures to inflate the underlying metrics of the company,” HP said. The new printer products will help bring in billions of dollars in marketing opportunities, said an HP vice president of inkjet business at the Barcelona event. “We go through a vigorous process when we make an investment like this,” said Hatem Mostafa. He said the printers also have capabilities in graphics and digital press applications. “We see opportunities to advance it,” Mostafa said. “We expect this type of product will do very well for us in terms of revenue and sales.” About NCA Online:
NCA Online (http://www.ncaonline.org.uk/) is an online resource for quality ink cartridges for printers. Visitors can learn about compatible cartridges that meet exacting ISO standards. People also can find out about savings using compatible cartridges, free shipping and a 30-day, money-back guarantee at the ncaonline website.
Ned's Cartridge Animal
Benjamin Wrights
4157669098
news@postpressrelease.com
Source: EmailWire.Com
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