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November 17, 1988

HEWLETT-PACKARD REPORTS YEAR-END NET PROFIT UP 27% AT $816M

By CBR Staff Writer

Hewlett-Packard Co looks set to overtake Unisys Corp in terms of turnover next year – though of course about 25% of its business is not directly computer-related: the Palo Alto company yesterday reported net profit for the year to October 31 up 27% at $816m on turnover that rose a sturdy 22% to $9,831m.

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