The PC correction and slow growth in the U.S. economy have been a one-two punch to computing giant HP Inc (HPQ). HP saw fiscal fourth-quarter sales fall 11.2% from a year ago, pushed lower by a 26% ...
Shares in HP Inc. fell more than 3% in late trading today after the personal computer and printer company fell short of expected revenue in its fiscal 2024 first quarter. For HP’s fiscal first quarter ...
Hewlett-Packard cut 6,000 jobs and lowered its revenue projections Thursday amid a global economic slowdown and weak consumer spending. The company said that as "economies around the world continue to ...
Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP ...
Mark Hurd, HP chairman and CEO, said Monday he was pleased overall with HP's performance. "These results demonstrate an ability to execute in a difficult environment. . . . We believe we held or ...
Hewlett-Packard shares fell 5 percent, or $2.20, to $36.29 in after-hours trading after the company reported a 5 percent drop in sales for its first fiscal quarter ended Jan. 31, and adjusted ...