HP is making $$$$

Well it appears the technology sector is doing well atleast from HP’s point of view… They just reported out great 4th quarter projections…

Here’s some of the article from the NY Times:

SAN FRANCISCO, Nov. 19 — Buoyed by its heavy international presence, Hewlett-Packard appears to have sidestepped the softening demand from corporations inside the United States for new technology.

In recent weeks, companies including Cisco, I.B.M. and Network Appliances have warned that American corporations are tightening their purse strings when it comes to technology spending. On Monday, Hewlett-Packard, the world’s largest technology company, not only reported strong fourth-quarter net profit and sales, but also predicted further growth in the months ahead.

Guess this is a good sign that technology is not going anywhere…

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