‘Demand is very strong’ for commercial PCs as offices re-open, HP CEO Enrique Lores says. But supply constraints led a drop in commercial personal systems revenue during the company’s latest quarter.
The company’s commercial PC business has returned to growth after more than a year of declines, and HP expects the increased demand to continue as offices reopen, CEO Enrique Lores says. HP Inc. saw ...
HP just announced the HP 34" All-in-One Desktop PC. It features a 34-inch 5K display and is the "world's most powerful commercial All-in-One," according to HP. The AIO runs on up to an Intel Core ...
HP Inc. brushed aside any concerns investors may have had about economic headwinds, delivering fiscal second-quarter earnings and revenue that topped expectations and following up with a strong ...
HP's future outlook is challenging due to slowing PC demand, weak economy, and rising memory costs. Analyst downgrades stock.
Personal computer maker HP Inc. delivered a decent earnings and revenue beat today as it revealed its latest financial numbers, sending its stock up by about 2% in the after-hours trading session. The ...
HP's PC segment enjoyed sky-high margins during the pandemic as demand soared and supply was constrained. Demand for PCs is now tumbling across the board, putting pressure on volumes and pricing.
The S&P 500 (SP500) closed in the green on Friday, ending at a record high after cooler-than-expected consumer inflation ...
HP Inc. (NYSE:HPQ) sees artificial intelligence personal computers being a demand accelerator in the PC market. The company also aims to integrate AI into its portfolio to enable a hybrid work ...
I maintain a hold rating on HPQ, as the positives are offset by weak consumer demand and near-term supply chain cash flow pressures. Commercial and AI PC momentum is encouraging, with tangible growth ...
HP is acquiring the Santa Cruz, Calif.-based collaboration solutions manufacturer Poly in an all-cash deal worth $3.3 billion in a bid to further develop the company’s hybrid work and collaboration ...
JPMorgan has downgraded HP Inc. to Neutral from Overweight, saying the company is entering a more challenging phase as it moves past the most favorable part of the PC volume and cost cycle.