5 Companies That Dropped the Ball This Week


HP Sales, Earnings Fall Again As PC Sales Slump

While HP made major progress this week toward repairing its channel partner relations with major changes to its PartnerOne program, HP's first-quarter 2013 earnings were a reminder that HP still has a long way to go. HP's first-quarter sales and earnings both declined year over year, with HP's Personal Systems Group seeing an 8 percent decrease and HP notebook revenue falling a whopping 16 percent. While HP said there are positive signs for the company's turnaround going into the second quarter, the company's PC business continues to be an area of concern.