Meg Whitman, who took over as Hewlett-Packard Co.’s chief executive officer two months ago, used her first earnings conference call to tell investors they need to lower their expectations.
Hewlett-Packard’s first-quarter profit forecast and full-year earnings outlook both missed analysts’ estimates -- a sign the company is still reeling from a technology-spending slump that led to the ouster of Whitman’s predecessor, Leo Apotheker.
