Surging Demand for PCs Isn't Boosting HP's Revenue Yet [The Motley Fool]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: The Motley Fool
The COVID-9 crisis is sparking robust demand for PCs as more people work and study from home, but PC makers still can't produce enough units to meet it. The ongoing chip shortage atIntel(NASDAQ:INTCAs a result, global PC shipments actually fell 8% annually in the first quarter, according to Canalys, marking the industry's worst first quarter since 06. That's particularly bad news forHPNYSE:HPQImage source: HP.What happened to HP?HP's stock tumbled roughly 0% over the past two months, as the pandemic slammed markets andXeroxNYSE:XRXtakeover bidHP's personal systems (PCs and workstations) business remained broadly stable over the past year, but its printing revenue declined as customers postponed their upgrades. Sales of higher-margin printing supplies, its biggest profit engine, also dwindled amid competition from cheaper generic ink and toner makers.Revenue Growth (YOY)Q 09Q 09Q 09Q 09Q 00Personal systems%%%Printers(%)(%)(6%)(7%)Total%(%)Data source: HP quarterly reports. YOY = Year o
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HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 12/2/25 - Form 4
- 11/25/25 - Form 8-K
- 11/20/25 - Form 4
- HPQ's page on the SEC website