Separately, the world's largest PC maker said its board approved the repurchase of an additional $8 billion (5.46 billion EUR) in stock.
For the quarter ended Oct. 31, the company earned $2.16 billion (1.47 billion EUR), or 81 cents per share, up 28 percent from $1.70 billion (1.16 billion EUR), or 60 cents per share, in the same period a year earlier.
Adjusted earnings, excluding the amortization of purchased intangibles, were 86 cents per share for the latest quarter.
Revenue rose 15 percent to $28.29 billion (19.31 billion EUR) from $24.56 billion (16.76 billion EUR).
Analysts, on average, were expecting a profit of 82 cents per share on sales of $27.4 billion (18.7 billion EUR), according to a poll by Thomson Financial.
HP expects first-quarter earnings of 75 cents per share, and adjusted earnings, excluding the amortization of intangible assets, of 80 cents per share and revenue between $27.4 billion (18.7 billion EUR) and $27.5 billion (18.77 billion EUR).
Analysts are forecasting a first-quarter profit of 77 cents per share on sales of $27.03 billion (18.45 billion EUR).
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year