HP, Dell's weak forecasts spark share selloff, doubts over PC market recoveryTraditional PC demand has weakened after a post-pandemic boom, while AI-powered computers have yet to see mass adoption despite some intere...
HP forecasts Q1 profit below estimates on sluggish demand in PC marketHP's Q1 profit forecast fell short of Wall Street expectations due to weak PC demand, sending shares down 8.4%. The global PC market contin...
HP misses first-quarter revenue estimates on sluggish demand in PC marketHP forecast second-quarter adjusted profit per share between 76 cents and 86 cents, the midpoint of which is in line with estimates of 81 c...
HP misses revenue estimates as inflation saps PC demandCompanies such as HP, Lenovo and Dell Technologies have seen demand ease from peaks hit during the pandemic, when work-from-home trends had...
HP to cut about 12% jobs by end of fiscal 2025The PC maker also forecast a lower-than-expected profit for the first quarter as it expects softness in both consumer and commercial demand.
HP looks to strengthen its SME play with new offeringsAs Indian Small and Medium Enterprises in India show an increased interest in leveraging technology to improve employee productivity and co...
MphasiS may see $100 million drop in HP business next yearDeclining business from its largest customer, Hewlett-Packard, is back to haunt mid-sized technology services company MphasiS.
Tough time ahead for Mphasis as Hewlett Packard cut its sales forecastMid-sized IT services firm Mphasis seems headed for tougher times after its parent and biggest client Hewlett Packard cut its sales forecas...
- MphasiS up on HP's autonomy buy
The proverbial bull versus bear battle is said to be in play in IT consulting and software major MphasiS. Bears short-sold MphasiS after sh...
- Mphasis Feb-Apr profit falls 18.7%; stock down
HP-owned Mphasis, which counts its parent among top customers, said the company's profit for quarter end April 30 dropped 18.7% to 219.29 c...
- Mphasis Feb-Apr profit falls 18.7 % to 219.29 cr
HP -owned Mphasis, which counts its parent among top customers, said the company's profit for quarter end April 30 dropped 18.7% to 219.29 ...
- MphasiS will take a good beating down on the HP front: Avinash Gorakshekar
"I think 70% of the revenue still comes from HP and to a certain extent that was supposed to be the key kind of variable for Mphasis for th...
- HP net income jumps 28 pc; raises 2010 outlook
Hewlett-Packard Co's net income jumped 28 percent in the latest quarter as stronger demand for computers is helping to heal a battered tech...
- Sluggish PC, ink sales hurt HP
Hewlett-Packard Co's 19 per cent drop in quarterly profit shows that the company still relies heavily on printer ink and the troubled perso...
- HP profit slumps 13 pc on weak PC and ink sales
Hewlett-Packard Co's quarterly profit dropped 13 percent, and sales ticked up just 1 per cent, as even the technology company's cash-cow pr...
- Hewlett-Packard's 1Q profit rises 38 per cent
Hewlett-Packard Co. delivered a fiscal first-quarter profit above analyst expectations and brightened its outlook for the rest of the year,...
- Voodoo! HP moves centre of gravity to Asia
In the US, Hewlett Packard’s shares rose as the company beat its earlier quarterly forecasts, raking in an extra $1 billion in sales than p...