Yikes! A nine billion dollar loss? Where is that Mark Hurd guy when you need him?
"HP is still in the early stages of a multi-year turnaround, and we're making decent progress despite the headwinds," Meg Whitman, HP president and CEO, said in an earnings release. "During the quarter we took important steps to focus on strategic priorities, manage costs, drive needed organizational change, and improve the balance sheet. We continue to deliver on what we say we will do."