HP Stock Drops Amid Weak PC Sales, Market Challenges
HP’s recent financial performance has been hampered by a sluggish PC market, which has seen a decline in global shipments during the third quarter. Although HP’s PC unit sales rose by 2% to $9.59 billion, this growth was insufficient to meet analysts’ average estimates.
HP Stock Tumbles On In-Line Earnings. Sales Beat Views But Profit Guidance Misses.
HP stock tumbled late Tuesday despite the computer hardware company reporting fiscal fourth quarter earnings that met expectations and better-than-expected sales. The company's profit guidance was lower than expected.
HP’s stock sinks on lower guidance, despite optimism in the PC market
Profitability took a hit as well, as HP reported net earnings of $906 million for the quarter, down from $974 million one year earlier. The company also reported total revenue in fiscal 2024 of $53.6 billion, which was more or less flat compared to the prior year.
HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery
Shares of Dell and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.Dell tumbled 11%, with the company set to shed about $11 billion from its $99.
Dell, HP Shares Slump on Weak Outlooks as PC Upgrades Slow to Materialize
Dell Technologies and HP are both waiting for consumers to upgrade their personal computers, which is dragging on their sales for the time being. Shares of both tech companies slumped in late trading.
HP Gives Lackluster Profit Outlook on Slow PC Market Recovery
HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.
Dell And HP Shares Drop 12% After Worse-Than-Expected Forecasts
Dell indicated the AI market was a “robust opportunity,” despite the company’s COO warning its AI business would “not be linear.”
Dell, HP Stocks Tumble After PC Makers Give Downbeat Guidance
Shares of Dell and HP slid in morning trading after both personal-computer makers issued downbeat outlooks. Executives said consumers were proving slow to upgrade PCs, but cited artificial-intelligence adoption as grounds for hope.
Dell, HP post disappointing quarterly sales as global PC market recovery stalls
While signs of a global PC market rebound began to materialise this year, shipments again dipped in the third quarter, according to IDC.
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Dell, HP Inc. Report Disappointing Sales on Slower PC Market
While sales in HP’s PC unit rose 2% to $9.59 billion in the similar three-month period, that too missed the average ...
PC Sales Are Still Struggling. Why AI Hasn’t Been Enough.
The PC business is still struggling with the aftermath of Covid. The latest earnings reports from HP and Dell Technologies ...
HP Revenues Up Just 1.7 Percent as PC Sales Slowdown Continues
HP reported its most recent quarterly and annual financial results, and the PC maker is still struggling to get consumers to upgrade.
HP earnings in line with expectations, CEO says tariffs would hit the consumer
It's all eyes on artificial intelligence PC demand and tariffs for HP Inc. ( HPQ) CEO Enrique Lores entering 2025.
Top Stock Movers Now: HP, Dell, Autodesk, and More
U.S. equites were lower at midday ahead of the Thanksgiving holiday on disappointing earnings reports from some big tech ...
Tom's Guide9d
Best HP laptop sales and deals in November 2024
HP is currently offering up to $510 off a whole range of their laptops. Included in the sale are popular models such as Pavilion, Spectre as well as OMEN and Envy gaming laptops. They even offer ...
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36 Best Walmart Black Friday Sales 2024: Slash Up to 75% Off Bose, Samsung, HP, and More
No, you don’t. However, right now you can get 50 percent off a Walmart+ membership through December 2—that’s just $48 for the ...
GameSpot5d
Black Friday Doorbuster: Best Buy Restocks $430 HP Victus Gaming Laptop Deal
Best Buy has brought back one of its most popular Black Friday Doorbuster deals.