Sure, the drop wasn't exactly huge, but 3% off the biggest PC maker is a lot

Nov 27, 2013 15:19 GMT  ·  By

Despite the fleeting attempt at leaving the PC market, HP continues to lead this division. It also managed to improve revenue for a while, but now it's not happening anymore.

HP has reported financial results for the fourth quarter of its fiscal year 2013, the one that finished on October 31.

The final sum was of $29.1 billion, or €21.40 billion, give or take a few hundred thousand, or a million or two.

That's 3% less than in 2012, 1% when adjusted for the effects of currency.

Net revenue for the whole year was down 7% too, to $112.3 billion / €82.57 billion.

Consumer revenue dropped 10%, Business Critical Systems fell 17%, and software revenue went down 9% on year.

These were some of the sharper drops. Other areas did better, some even came out positive, but in the end, it was a slowdown. This downward trend may or may not continue for 2014.