The Upload: Your tech news briefing for Wednesday, February 25

Hewlett-Packard lowers outlook as its struggles continue

Hewlett-Packard reported another quarter of declining sales and profit on Tuesday, and blamed a strong dollar as it lowered its outlook for the current quarter and the year. Revenue was $26.8 billion, down 5 percent from a year earlier, while net profit was down 4 percent to $1.4 billion. Sales in the personal systems group were flat, but declined in both the printing and enterprise services divisions.

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