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 SAN JOSE, Calif. (AP) - Hewlett-Packard Co.'s robust second-quarter results — including an additional $3 billion in sales — pleased investors and signaled that CEO Mark Hurd's aggressive cost-cutting and operational efficiency measures are paying off.
But Hurd says there is still plenty of room left to cut, particulary in overhead costs, even as the company heads toward cracking the $100 billion revenue mark this year and wages a fierce campaign against Dell Inc. in personal computers.
"We have more work to do, but we are not confused about what we need to do," Hurd said Wednesday on a conference call with analysts. "We will get this cost out, while we continue to focus on growth."
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