HP reported results for its first fiscal quarter of 2012 this afternoon, including $30 billion in net revenue (down seven percent from the previous year), and net earnings of $1.5 billion (down a full 44 percent). Partly contributing to that drop is a slump from its Personal Systems Group, which saw revenue decline 15 percent year-over-year, with a 19 percent decline in total desktop units and an 18 decline in total notebook units moved. The company's Imaging and Printing Group also saw a seven percent decline in revenue and 15 percent decline in printer units.Developing
