Lastly, HP announced preliminary results for its third fiscal quarter and lowered estimates for its 2011 fiscal year. Revenue for the quarter came in at $31.2 billion compared with $30.7 billion one year ago.

For the full year, HP is expecting revenue of approximately $127.2 billion to $127.6 billion, down from its previous estimate of $129 billion to $130 billion. Diluted earnings-per-share are expected to be in the range of $3.59 to $3.70, down from HP’s previous estimate of at least $4.27

in Network World's Data Center section.