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Hewlett-Packard notes from conference call: Challenging environment in Personal Systems and Printing expected to continue for 'several quarters to come' (27.35 -0.39)
- Enterprise group performed very well
- In Personal Systems and Printing markets co sees difficult business environment for "several quarter to come"; competitive pricing pressures have accelerated since May
- Currency continued to significantly impact recorded revenue
- Co faced challenging macro and IT spending evinronment; continued weakness in Russia and China