Reported about 10 hours ago
HP Inc exceeded Wall Street's revenue expectations for the third quarter, driven by increased demand for AI-powered personal computers and the Windows 11 upgrade cycle. The company reported a 3% rise in revenue to $13.93 billion, outperforming analysts' estimates, as it anticipates a strong PC refresh cycle following Microsoft's end of support for Windows 10. Despite challenges from evolving U.S. trade policies and a shift in production away from China, CFO Karen Parkhill expressed confidence in the ongoing PC market opportunities.
Source: YAHOO