Hewlett Packard Announces HP EarningsSmart 2800 CashJet

Hewlett-Packard (HPQ) CEO Mark Hurd seems to have managed to cut the fat from the company without hitting any of its internal organs. HP reported a 16% increase in its fiscal second-quarter earnings yesterday along with an operating profit margin of 9.2%, thanks to cost-cutting measures and a big 31% jump in laptop PC sales. Total revenue for the second quarter was $28.3 billion, up 11% from a year earlier. Net income was $2.06 billion, up from $1.78 billion in the same quarter a year ago. Str