HP today announced financial results for its third fiscal quarter ended July 31, 2012. For the quarter, net revenue of $29.7 billion was down 5% year over year and down 2% when adjusted for the effects of currency.

GAAP loss per share was $4.49, down from earnings per share (EPS) of $0.93 in the prior-year period. Non-GAAP diluted EPS was $1.00, down 9% from the prior-year period. Third quarter non-GAAP earnings information excludes after-tax costs of $10.8 billion, or $5.49 per diluted share, related to the amortization and impairment of purchased intangible assets, the impairment of goodwill, restructuring charges, acquisition-related charges and charges relating to the wind-down of certain retail publishing business activities, including the previously announced charges related to the impairment of goodwill within HP's Services segment, the restructuring program announced in May 2012, and the impairment of the purchased intangible asset associated with the "Compaq" trade name.

PNY Technologies, world renowned manufacturing giant, for USB and Memory products have released the sleek and sophisticated model HP v275w USB flash pendrive. Incorporating style, durability with functionality, the HP v275w is the ideal choice for storing and transfer of documents and files anywhere with flair and ease.

Decorated with premium scratch proof metallic casing and unique mirror reflective design, it lends a sharp and professional appeal to the drive, perfect for your business work or presentations. The waterproof, dustproof and shockproof features enable protection of precious data and uninterrupted sharing in the long run. Eliminating the use of caps, the HP v275w uses slide in and out feature for quick and effortless plug and use operation without the hassles of fretting over a misplaced cap. The drive also has a lanyard loop that can be attached to your wallet or any other accessory.

The HP (NYSE: HPQ) board of directors has declared a regular cash dividend of 13.2 cents per share on the company's common stock. The dividend, the fourth in HP's fiscal year 2012, is payable on Oct. 3, 2012, to stockholders of record as of the close of business on Sept. 12, 2012. The per-share amount of HP's regular quarterly dividend has increased 65 percent since April 2011. HP has approximately 2 billion shares of common stock outstanding.

HP today expanded its all-in-one desktop PC portfolio with business and consumer designs that deliver multimedia-rich performance, trusted reliability and enhanced security in a small footprint.

The new all-in-ones are designed as cost-, space- and energy-efficient alternatives to a traditional desktop and monitor combination for consumers and businesses, including government, healthcare, education and retail customers. The new lineup also includes touch-enabled solutions for businesses, building on 30 years of touch-technology innovation for convenient and intuitive computing.

AMD today announced that Major League Baseball's (MLB) San Francisco Giants selected AMD as a technology partner. The Giants have recently installed 66 new AMD A-Series Accelerated Processing Unit (APU)-based HP TouchSmart 320m All-In-One (AIO) touchscreen systems at AT&T Park, which will be followed by deployments of other AMD-powered systems throughout the organization.

"Our technology partnership with the San Francisco Giants puts AMD in a great position to showcase the role AMD technology can play to help large organizations harness the trends around consumerization, the Cloud and convergence to drive their business," said Lisa Su, senior vice president and general manager, AMD Global Business Units. "From powering the front office infrastructure to the luxury suite experience at AT&T Park, AMD is ready to be a technology clean-up hitter for the Giants and their fans."

HP today announced its first commercial internet monitor for the U.S. market, revolutionizing guest internet access for the office, and unveiled its first consumer in-plane switching (IPS) displays, redefining visual performance for the home with consistent, vivid color and increased brightness.

"The needs of customers continue to evolve, and HP is well-positioned to meet these new demands by expanding its award-winning display portfolio," said Jun Kim, vice president and general manager, Display Business Unit, HP. "HP's new IPS monitors bring professional-grade technology directly to consumers, while our internet monitor serves as a new tool for businesses to engage with their patrons."

AMD announced today that Senior Vice President and Chief Information Officer Mike Wolfe is the inaugural 2012 honoree of the Transformational CIO Award, which recognizes leading-edge CIOs. Wolfe was recognized by The Enterprise CIO Forum for his pioneering approach to the strategic use of IT to transform AMD's business by reducing costs, increasing efficiency and bolstering productivity.

Wolfe, who has overseen a significant and successful consolidation of AMD's worldwide data centers, uses AMD technology for the company's engineering development and support infrastructure, including managing cloud computing solutions running on more than 123,000 AMD Opteron processor cores.

Today AMD announced 11 servers from its customers, including two based on the new HP ProLiant Gen8 platform, will be integrating previously unannounced versions of the award-winning high-performance AMD Opteron 6200 Series processor and the low-power AMD Opteron 4200 Series processor. These servers are based on five new AMD Opteron processors that offer increased performance without an increase in power consumption, providing customers more choice in using the world's best price/performance x86 server processor.

Last month, HP launched two HP ProLiant Gen8 servers using the new AMD Opteron processors and plans to refresh the ProLiant DL585 G7 and the BL685c G7 later this year. Moreover, Dell is also expected to refresh its AMD offering with the latest AMD Opteron processors in the PowerEdge C6145, C6105, R415, R515, R715, R815 and the M915.

HP today announced the new HP Z220 Workstations and HP EliteBook Mobile Workstations, packed with reliable and professional-class features.

HP's most affordable, no-compromise workstations, the Z220, features next-generation Intel Core and Intel Xeon processors, the latest integrated and discrete professional graphics from Intel, NVIDIA and AMD and four integrated USB 3.0 high-speed ports. The Z220 entry-level workstation is available in a choice of an exceptionally expandable, Convertible Mini-Tower (CMT) or a highly compact Small Form Factor (SFF) that's 65 percent smaller and perfect for tight spaces.

HP today unveiled research from HP Labs, the company's central research arm, that illustrates the architecture for a data center that requires no net energy from traditional power grids.

The research shows how the architecture, combined with holistic energy-management techniques, enables organizations to cut total power usage by 30 percent, as well as dependence on grid power and costs by more than 80 percent.

Fusion-io today announced that it is enabling high performance database and virtualization solutions with seven new Fusion-powered HP IO Accelerator products for the industry-leading HP ProLiant and HP BladeSystem platforms. Integrated into HP ProLiant Generation 8 (Gen8) servers, the new HP IO Accelerators can boost application performance to address organizations' growing requirements to cost-effectively accelerate data-intensive applications.

To enable enterprises to cost-effectively enhance their data infrastructure, one or more HP IO Accelerators can be easily integrated within servers according to application and organizational needs. The HP IO Accelerators sit inside the server, directly on the PCIe bus with CPUs and Memory, rather than external to the server in a storage array being accessed over much slower links. The IO Accelerators boost applications by bypassing traditional storage controllers and unlocking trapped compute cycles.

HP (NYSE: HPQ) today announced financial results for its second fiscal quarter ended April 30, 2012. For the quarter, net revenue of $30.7 billion was down 3% year over year both as reported and when adjusted for the effects of currency.

GAAP diluted earnings per share (EPS) was $0.80, down 24% from the prior-year period. Non-GAAP diluted EPS was $0.98, down 21% from the prior-year period. Second quarter non-GAAP earnings information excludes after-tax costs of $356 million, or $0.18 per diluted share, related to amortization of purchased intangible assets, restructuring charges and acquisition-related charges.

Microsoft Corp. today announced the return of its successful student offer that allows students buying a qualifying Windows 7-based PC to also get a free Xbox 360 4GB console. The offer is available for current students while supplies last, starting May 20 at participating retailers in the U.S.; a similar offer will be available starting May 18 at participating retailers in Canada. Terms and conditions will vary by participating retailer.

Together, a Windows 7-based PC and an Xbox 360 console provide students the functionality they need for school while also helping them stay connected to friends and family far away. To take advantage of this offer, students or their parents must provide valid student identification as defined by the participating retailer. Participating retailers may change over the course of the promotion, but will include Best Buy, Fry's Electronics, Dell.com, HPDirect.com, Microsoft Stores and NewEgg.com in the U.S., and Best Buy, Dell.ca, Future Shop, Staples and The Source in Canada.

The HP board of directors has declared a regular cash dividend of 13.2 cents per share on the company's common stock.

The dividend, the third in HP's fiscal year 2012, is payable on July 5, 2012, to stockholders of record as of the close of business on June 13, 2012.

HP has approximately 2 billion shares of common stock outstanding.

HP today extended its HP ProLiant Generation 8 (Gen8) portfolio with new servers that deliver increased performance, simplified maintenance and improved data center uptime.

HP also announced new financial, support and partner programs, including the HP ProActive Insight Architecture Alliance, which brings together some of the world's leading technology companies to eliminate manual maintenance tasks and significantly improve data center efficiency.

HP today announced powerful business products packed with energy-efficiency, security and performance features designed to meet customer needs across industries such as healthcare, retail, and media and entertainment.

Among the products announced for businesses are:

• The powerful HP t410 All-in-One (AiO) Smart Zero Client, featuring new and innovative one-wire Power over Ethernet (PoE) technology while still providing outstanding multimedia performance and a true PC-like experience.
• The highly customizable HP RP7 all-in-one retail system with a sleek and stylish design that fits into a variety of retail settings.
• The HP L6015tm and L6017tm Retail Touch Monitors with multitouch projected capacitive screens for retail and hospitality environments, and the HP L6010 non-touch Retail Monitor for use as a customer or associate-facing display.
• New high-performance HP Z220 Workstations and HP EliteBook Mobile Workstations, packed with reliable and professional-class features.

HP today expanded its industry-leading computing portfolio with more than 30 new products engineered to address the design, reliability, security and performance demands of end users and IT departments across businesses of all sizes.

HP today unveiled HP Pavilion notebook PCs that include enhanced features and reflect the company's new HP Mosaic design approach. The company also unveiled the HP Photosmart 5520 e-All-in-One printer, featuring HP wireless direct printing(1) and HP ePrint, enabling users to print from virtually anywhere.

• For stylish on-the-go computing, the HP Pavilion m6 is the ideal balance of mobility, performance and entertainment wrapped in a sleek, brushed silver aluminum design.
• The redesigned HP Pavilion dv-series and g-series notebook PCs offer performance in a simple yet distinct and colorful design.
• For users that want to balance affordable printing and brilliant quality at home, the HP Photosmart 5520 e-All-in-One is a compact, web-connected all-in-one printer for the home.

HP today expanded its award-winning notebook portfolio with thin and light Ultrabook systems and Sleekbooks packed with the latest technologies for both consumer and business demands. "Building on the success of the HP Folio13 and HP ENVY14 Spectre, we are now offering the most comprehensive Ultrabook portfolio in the industry," said James Mouton, senior vice president and general manager, Personal Computer Global Business Unit, HP. "Our expanded portfolio of HP Ultrabook systems and HP Sleekbooks for both consumers and businesses delivers uncompromised performance, quality and entertainment experiences within distinctive designs."

HP's China online store listed out the company's new Envy 4 series that spans across six models occupying key price points starting at 5,499 RMB (US $872), and going up to 6,299 RMB (US $1000). The six models include relatively entry-level 1005tx and 1019tx, followed by 1004tx and 1021tx in the middle, ending with somewhat high-end 1006tx and 1021tx Ultrabooks. The slower models among these are driven by Intel Core i3-2367M, while the faster ones by Core i5-2467M. All six models are slim-category 14-inch notebooks.

HP today announced that AMD has improved business efficiency and streamlined operations by consolidating its worldwide data centers and standardizing on HP Networking solutions.

AMD's innovative computing and graphics technologies run a wide range of computing devices - such as personal computers, game consoles and servers - all of which power internet and business operations spanning cloud computing and virtualization environments throughout the world.

With 18 data centers worldwide, AMD recognized the need to consolidate its infrastructure to optimize resources as well as improve power and cooling efficiency. AMD conducted a comprehensive testing and review process of solutions from multiple networking vendors before choosing HP. The HP 12500 Switch Series and HP 5820 Switch Series will be used in AMD's newest private cloud data center, where the company makes heavy use of virtualization and cluster technologies.

HP today expanded its consumer desktop portfolio, adding five models powered by Intel's 3rd generation Intel Quad-Core processors that deliver intelligent performance and enhanced built-in security.

Intel's new 3rd generation Core processors offer up to twice the HD media and 3-D graphics performance as well as significant processor performance as previous generation. Consumers will appreciate the added protection against viruses, malware and rootkits provided by Intel Secure Key and Intel OS Guard.

HP today announced that John Schultz has been promoted to the position of executive vice president and general counsel, effective immediately. Schultz, who joined HP in 2008, will be a member of HP's executive council and report to Meg Whitman, president and chief executive officer, HP.

As general counsel, Schultz is responsible globally for all legal and compliance functions. His previous role was vice president and deputy general counsel in charge of litigation.

According to a recent survey commissioned by HP (NYSE: HPQ) and AMD, security concerns are still the top barrier to the adoption of Gov 2.0 tools, with 40 percent of government IT professionals listing security as a concern.

Gov 2.0, which involves the use of technology to make government an open platform that allows for greater innovation, also is being hampered by lack of budget (20 percent) and lack of technical expertise and ability (14 percent).

PNY worldwide leader in USB flash drives, PNY technologies, the leading manufacturer in memory products, To commemorate the auspicious lunar dragon year, PNY technologies, world renowned brand in USB devices has debuted its specially designed HP v218g / HP v228g USB flash drive. The limited edition flash drive is the first ever USB drive enveloped in 24 karat gold coating highlighting the taste and identity of the drive as a festive gift ceremony while offering the ultimate in storage of digital files and more.

Gold has always been denoted as a symbol of wealth and majestic royalty. The HP v218g and HP v228g embraces the regal and luxurious appeal of Chinese culture and fabricates it into the drive. The reflective mirror like smooth and lustrous surface encased in 24 karat gold coating ensures protection from any external collisions and has dustproof and waterproof characteristics. The back of the drive includes a clip on feature that allows it to be clipped on to your ties, pockets or any accessory of choice lending an elegant and professional look. The engraved black dragon art demands power and respect, as the mythological creature is famously known for. The streamlined appearance and slim design makes it a compact and fashionable device that offers you unrestricted performance.