HP boss urges patience amid falling earnings

Hewlett-Packard chief executive Meg Whitman pleaded for patience as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world’s largest technology companies.

Even as HP blamed weak consumer demand and supply shortages due to flooding in Thailand for lost revenue opportunities in the latest quarter, Ms Whitman said years of underinvestment in systems and procedures made those problems worse.