Either due to an increase in laptop sales or the goody-goody image that HP carries, the PC market leader says its third quarter profit is up by 14%. This jump beats industry expectations.

The company claims it has earned $2.03 billion, 80 cents per share during the period May-July. Last year's figures were $1.78 billion and 66 cents per share.

Reporting a 10% increase in sales from last year, HP’s sales were $28 billion, again proving pessimistic analysts' predictions of $27.4 billion wrong. X