Reported about 14 hours ago
HP Inc. has provided a profit outlook that aligns with expectations, despite concerns about the economic impacts of trade policies and rising costs. The company reported a 3.1% increase in sales in the last quarter, projecting earnings of 87 to 97 cents per share for the current quarter. HP has shifted most of its manufacturing outside of China and increased some prices to offset tariff costs. Although the printer segment faces challenges, the demand for PCs, especially those running Windows 11 and equipped with AI features, remains strong.
Source: YAHOO