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Member since:
2012-11-23
Incorrect. Services is nowhere near a majority of HP's business, either in gross revenue or net profit.
In FY2012, services accounted for 28% of revenue and 32% of profit. PC's were 29%/13%, printers were 20%/28%, servers were 17%/17%, software was 3%/6%, and finance was 3%/3%.
Source:
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MTYyNzc0...