HP reveals Q4 financial details

HP has released details of its financial results during the fourth quarter, posting net revenue of $33.3 billion (£21 billion).

The printer and electronics firm has seen its net income rise 8% from the fourth quarter of 2009, along with a "slightly negative" currency impact of nearly 1%.

The firm had recently stated that it would offer its products worth more than $8 million (£5.1 million) to the United Nations Climate Change Conference 2010 (COP16).

The conference will be held in Cancun, Mexico from November 29 to December 10, and delegates will be provided with notebooks, printers, desktop computers and networking facilities to enhance the event experience.

HP has said that the Government of Mexico had chosen the firm to provide electronics at the conference due to its environmentally-aware projects.

Leo Apotheker, president and chief executive officer, HP, said: "HP proved once again that it is able to execute given its market strengths and technology leadership."

Copyright © Press Association 2010