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Zacks.com on MSNHPQ Set to Report Q3 Earnings: What's in Store for the Stock?
HP's Q3 results are likely to reflect benefits from AI PC momentum and Windows 11 update, partially offset by softness in the ...
While HP’s commercial PC business had resumed growth in its previous quarter —for the first time during the pandemic—revenue for the business fell 1 percent during the company’s third ...
Regarding today’s results, HP said commercial PC sales rose 6% from a year ago to $6.2 billion, with shipments rising by 12%, suggesting that those refresh cycles are just beginning to kick into ...
Within this segment, commercial computer sales rose 18%, offsetting a slight decline in consumer PC sales. Sales of printers generated $5 billion in revenue, down 7% from a year earlier.
HP just announced the HP 34" AIO Desktop PC, which runs on up to a 12th Gen Intel Core i9 CPU and up to NVIDIA RTX 3060 graphics. It's the most powerful commercial AIO available, according to HP ...
HP Inc. saw “very strong demand on the commercial side” in its PC business during its most recent quarter, HP CEO Enrique Lores said Thursday, which has returned the company’s commercial ...
The PC business reported revenue growth of 2% to $9.2 billion, while analysts were expecting revenue of $9.0 billion, with more strength in commercial PCs due to a big Microsoft transition, and ...
Decent demand for commercial PCs has sustained HP up until now. In the second quarter, even as consumer PC demand slumped, HP managed to grow commercial PC revenue by 7%.
With commercial PC demand now slipping, HP's PC profits are headed lower. The stock appears cheap, but the company's guidance is probably overly optimistic, and the balance sheet is loaded with debt.
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 ...
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