• New HPs Give Fresh Life to Old Businesses

    The two companies have surprised investors—but they still need to prove the growth is sustainable

    Hewlett-Packard was 76 years old when it split into two companies in late 2015. The division left each offspring with a similar problem—how to manage aging businesses like computers, servers and printers.

    The pair’s fiscal-first-quarter results Thursday afternoon were the clearest sign yet that the split was the right move. Both HP Inc., which took the PC and printer business, and Hewlett Packard Enterprise posted higher-than-expected sales growth for the quarter ended Jan. 31.

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