HP: netbooks not to blame for earnings dip and resulting salary cuts
February 19, 2009 
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HP experienced a 9% profit decline during this year’s first quarter, but the company clarifies that it wasn’t due to netbooks cannibalizing sales of their traditional notebook computers. Instead, HP CEO Mark Hurd blamed the global economic recession as one of the main culprits, as well as the broadening of available products that the company [...]
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