Breaking News

PlayStation Plus Game Catalog for August 2025 Arctic announces Xtender PC case Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup Razer Unveils Wolverine V3 Pro 8K PC controller XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

HP Inc's Revenue Falls On Weak PC And Printer Sales

HP Inc's Revenue Falls On Weak PC And Printer Sales

Enterprise & IT Feb 24,2016 0

HP Inc.'s first financial results sinc ethe company's split from Hewlett-Packard Co are not good. The company today reported a near 12 percent drop in quarterly revenue, as it struggles with weak demand for PCs and printers. Revenue in the company's personal systems business fell 13 percent in the first quarter ended Jan. 31, while it declined 17 percent in its printing division from a year earlier.

PC sales have been falling sharply worldwide and printer demand has been hurt as corporate customers cut printing costs and consumers shift to mobile devices.

"We have a clear strategy that leverages our strengths, and we are focused on execution, taking cost out of the business and delivering innovations that will amaze our customers and partners," said Dion Weisler, HP's President and CEO. "Although we have some tough quarters ahead, I am confident in the future."

The company forecast adjusted profit of 35-40 cents per share for its second quarter ending April 30.

Hewlett-Packard Enterprise Co, also spun off from Hewlett-Packard Co, is expected to report results on March 3.

Tags: HP
Previous Post
Broadcom Delivers NVMe/SAS/SATA Storage Controllers and NVMe Switch Management Software
Next Post
Slysoft Ceases Operations

Related Posts

  • An Intel-HP Collaboration Delivers Next-Gen AI PCs

  • OMEN AND HYPERX POWER UP COOLEST PORTFOLIO YET FOR PERSONALIZED PLAY

  • New KIOXIA RM7 Series Value SAS SSDs Debut on Hewlett Packard Enterprise Servers

  • HYPERX EXPANDS CONSOLE GAMING HEADSET LINEUP WITH CLOUD STINGER 2 FOR PLAYSTATION AND CLOUDX STINGER 2 FOR XBOX

  • KIOXIA first to launch data center NVMe E3.S SSDs on Hewlett Packard Enterprise systems

  • HP debuted its newest HP Spectre and HP Envy laptops

  • HP Announces Omen 16 and Victus 15 new gaming laptops

  • HP Threat Research Shows Attackers Exploiting Zero‐Day Vulnerability Before Enterprises Can Patch

Latest News

PlayStation Plus Game Catalog for August 2025
Gaming

PlayStation Plus Game Catalog for August 2025

Arctic announces Xtender PC case
Cooling Systems

Arctic announces Xtender PC case

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup
Gaming

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup

Razer Unveils Wolverine V3 Pro 8K PC controller
Gaming

Razer Unveils Wolverine V3 Pro 8K PC controller

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G
PC components

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed