Reported about 3 hours ago
HP's financial results for the fourth quarter align with projections, but CEO Enrique Lores warns that upcoming tariffs may lead to higher costs for consumers. While sales of consumer PCs declined by 4%, commercial sales saw a 5% rise. The company anticipates a tough market influenced by tariff discussions and competition from emerging AI PCs, but experienced a positive surprise in printing sales. Looking ahead, HP aims to improve margins despite overall industry challenges.
Source: YAHOO