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...
28 Nov, 2024, 10.07 AM IST
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...
27 Nov, 2024, 10.57 AM IST
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...
29 Feb, 2024, 04.00 PM IST
Berkshire sells some HP shares after taking big stake last yearCompanies' stock prices often rise when Berkshire discloses new stakes, reflecting investors' regard for Buffett, the world's fifth-richest...
14 Sep, 2023, 09.28 AM IST
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...
31 May, 2023, 09.51 AM IST
Dell's tepid outlook casts pall over strong quarterDell, which makes most of its revenue from PC sales, has seen demand wane off from pandemic highs in its enterprise and consumer businesses...
03 Mar, 2023, 12.31 PM IST
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.
23 Nov, 2022, 08.48 AM IST
- US CEOs see several obstacles to growth as jobless rates rise
CEOs from General Motors (GM) to Hewlett-Packard (HP) to Manpower say they are concerned about the health of the US economy.
09 Jun, 2012, 03.55 AM IST
- 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...
25 Aug, 2011, 01.05 AM IST
- 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...
27 May, 2011, 10.22 AM IST
- 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 ...
27 May, 2011, 12.59 AM IST
- HP's net jumps 6 pc in last quarter under Hurd
HP's net income jumped 6 pc higher in the co's last full quarter under now-ousted CEO Mark Hurd.
20 Aug, 2010, 04.02 AM IST
- 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...
19 May, 2010, 04.28 AM IST
- 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...
19 Aug, 2009, 11.55 AM IST
- 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...
19 Feb, 2009, 04.08 AM IST
- HP 4Q results beat views but printer sales fall
Hewlett-Packard Co says fourth-quarter profit slipped 2 per cent, and revenue grew 19 per cent, as strong laptop sales helped offset fallin...
25 Nov, 2008, 03.18 AM IST
- 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,...
20 Feb, 2008, 07.15 AM IST