HP 2Q2020: sales of desktop PCs fell by 18%, and printers — 19%Olga Blinkova | 29.05.2020
HP company presented the results of the second quarter of 2020, and the majority position of this report is in dark colors.
Revenue for the quarter decreased 11.2% to $12.5 billion, which Is lower than the expectations of analysts, who expected revenue of $12,85.
Sales of personal computer systems decreased by 7% to $8.3 billion compared to the same quarter last year. However, notebook sales remained at the same level. The same table
PC is not happy, the profit in this field for the quarter fell 18% to $2.4 billion And it is quite sad looked the situation with printers: sales in this segment decreased by 19% to
The results of the quarter the share price of HP declined on the stock exchange of 3%.
Journal: Journal IT-News, Subscription to magazines