"I'm confident in HP's ability to gain share, expand earnings and emerge from the current environment in a meaningfully stronger competitive position," Hurd said.

"We believe that we held or gained share in every segment" during the quarter, he added.

For the current quarter, HP expects revenue of between $32 billion and $32.5 billion, with earnings per share of $0.80 to $0.82 on the basis of generally accepted accounting principles. For the full year it expects revenue between $127.5 billion and $130 billion, and GAAP earnings per share between $3.38 and $3.53.