Profits up across HP's businesses

Hewlett-Packard has reported a slim rise in profits, after increased sales across all of its businesses.

The firm, which last week parted with chief executive Carly Fiorina, said net profits for the three months to 31 January were $943m (£500m).
In line with market expectations, this compares to the $936m HP achieved in the same period a year earlier.
Revenues rose to $21.5bn from $19.5bn a year earlier. Ms Fiorina left after a dispute over HP's future strategy.
Speculation had also been high that Ms Fiorina's fellow board members were still unhappy about her 2002 purchase of Compaq and HP's performance ever since.

'Making progress'
The company's shares rose 2.5% in after-hours trading in New York on Wednesday.
It said it expects to see profits increase slightly in the current second quarter.
"While we continue to make progress in growing our top line, there is work to be done to improve our profitability," said HP chief financial officer Robert Wayman.
"As the board conducts a chief executive search, our management team is focused on driving improved execution to serve our customers, strengthen our competitiveness and improve shareholder value."
HP's computer division saw sales rise 11% during its first quarter, while imaging and printing rose by 3% and technology solutions by 14%.
Computer sector analyst Mark Stahlman of Caris & Co said HP's results were a "positive surprise".