HP reported Q3/15 net revenue of $25.3 billion was down 8% from $27.6 billion from the same quarter a year earlier. Net earnings of $854 million in Q3/15 was down 13.3% from $985 million in Q3/14.

HP said its Personal Systems segment revenue $7.49 billion in Q3/15 was down 13.4% from $8.65 billion in Q3/14. HP noted for the first nine months of fiscal 2015, desktop net revenues of $8.4 billion was down from $10.0 billion or $1.6 billion for the same period a year earlier.

HP Financial Services (HP/FS) net revenue for Q3/15 was $806 million, down 5.7% from $855 million in Q3/14. For the first nine months of 2015, net revenue was $2.4 billion, down from $2.6 billion or 7.7% for the same period a year earlier.

HP/FS’ Q3/15 pretax earnings of $87 million was up from $79 million or 10.1% in Q3/14. For the first nine months, HP/FS’ pretax earnings of $262 million was down 6.1% from $279 million a year earlier.

HP noted HP Financial Services net portfolio assets declined 2% year/year and financing volume was down 2%. The company said HP/FS delivered an operating margin of 10.8% in Q3/15, up 0.2 points sequentially and 1.6 points from the previous year.