Reported about 5 hours ago
Dell Technologies Inc. and HP Inc. reported disappointing quarterly results, indicating a stall in the anticipated recovery of the personal computer market. Dell's PC revenue fell 1% to $12.1 billion, while HP's rose 2% to $9.59 billion, both missing analysts' estimates. The slowdown is attributed to a delayed PC refresh cycle and sluggish corporate demand following the launch of new Windows software. While both companies saw growth in their infrastructure sectors, the outlook remains cautious for the overall PC market.
Source: YAHOO