Hewlett Packard Enterprise (HPE) has announced a partnership with Alibaba Cloud, which serves as the cloud computing branch of Chinese export giant, Alibaba. They are set to launch a hybrid cloud system jointly to the Asia Pacific (APAC) region, excluding China. It will enable Aspara Stack to provide a connected public and private cloud format that allows for seamless data sharing as well as increased operational efficiency.
Hewlett Packard Enterprise, chip manufacturer Arm, the UK government, and software company SUSE will work together to manufacturer mini-supercomputers at three UK universities.
Known as Catalyst UK, the project wants to speed up the acceptance of supercomputers among academics and businesses in Britain.
The high-performance devices will be designed, built and supported by HPE at the universities of Bristol, Edinburgh and Leicester. Combined they will run over 12,000 Arm-based cores which will be hosted by HPE Apollo 70 setups.
Hewlett Packard, the international IT firm which markets a wide range of computers, desktops, printers and more in the UK, has unexpectedly changed its mind on where it wants its new headquarters to be. This is the second time since November last year it has reconsidered.
HP Inc., the home of former Hewlett-Packard Co’s hardware business, released marginally higher quarterly profit figures than expected yesterday. The main reason for the rise in revenue is because it sold more personal computers than originally projected.
Income from the company’s personal systems division, which sells desktops, notebooks and workstations, increased by 12% during the three-month period ending on 31st July 2017. Notebook sales, in particular, went up by 16.4% – more than offsetting a drop in sales of desktop computers.
Thomson Reuters said that the firm’s projected EPS (earnings per share) for the full year now stands at between $1.63 and $1.66, compared with analysts’ initial estimates of $1.64.
The company, which purchased the printer division of Samsung Electronics in September last year, said the income from its copier and printer business increased by 6.2% to $4.7 billion during the quarter under revision.
Net profits from ongoing operations, however, dropped by $0.41 per share to $696 million. This is significantly lower than the $0.49 per share or $843 million of the previous period.
Total income has increased by 10% to an impressive $13.1 billion, notably higher than the $12.31 billion predicted by analysts.
The company’s earnings amounted to $0.43 per share (excluding items), compared to the $0.42 predicted by most analysts.
After the report, HP Inc.’s share price, which increased by 27% since the beginning of 2017, dropped slightly in after-hours trading.
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