Hewlett-Packard's 25% Profit Jump Signals Tech Comeback


Tech giant Hewlett-Packard (HPQ) reported a 25% jump in profit Wednesday, beating Wall Street estimates, in the latest sign that consumers and companies are increasing spending on computer products. In optimistic guidance, the maker of computers and printers also raised its 2010 outlook, citing "accelerating" market activity. HP shares rose 1.4% in after-hours trading.