HP reported results for its quarter ended January that reflected a bruising in the PC business regardless of category. Its net earnings dropped 44 percent to $1.5 billion following a seven-point loss in revenue to exactly $30 billion after the core Personal Systems Group saw its revenue down 15 percent versus a year ago; the enterprise server group dipped 10 percent. The PSG's losses were mostly pinned on home users, as mainstream PCs made 25 percent less revenue while pro workstations were flat.
