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Hewlett-Packard's Q3 revenue slides 8% in tough PC, IT market

SAN FRANCISCO: Hewlett-Packard Co posted an 8 percent slide in quarterly revenue as PC sales continued to slide and its enterprise computing business grappled with tepid worldwide IT spending. 

The world's largest 
personal computer maker on Wednesday recorded revenue of $27.2 billion in the fiscal third quarter, from $29.7 billion a year earlier. It missed the $27.3 billion that Wall Street had expected, on average.