Tag Archives: hpq

HP predicts rough PC market for next several quarters

Despite the release of Microsoft’s (MSFT) Windows 10 operating system, personal computer sales are expected to remain weak through early 2016, Hewlett-Packard (HPQ) executives predicted Thursday. On a conference call with analysts to discuss fiscal third-quarter earnings, HP executives were cautious on their outlook for PC and printer sales. “We now see a difficult business environment for at least several quarters to come,” HP CEO Meg Whitman

HP CEO Sees ‘Real Strengths,’ Stock Up After Mixed Q3

Hewlett-Packard’s (HPQ) CEO took to CNBC early Friday, which might have helped HP stock after its mixed fiscal Q3 earnings report late Thursday. HP stock was up 4% in midday trading in the stock market today, near 28.50, though the company’s earnings guidance missed Wall Street expectations, as did its sales for the quarter ending July 31. But shares are still down nearly 30% this year. The company — which later this year is slated to split into

HP Stock Falls On Mixed Q3 Report, Guidance

Hewlett-Packard disappointed investors late Thursday with a mixed report for its fiscal third quarter and earnings guidance below views. HP (HPQ) stock was down 1% after hours. During the regular session, HP shares dipped 1.4% to 27.35. The Palo Alto, Calif.-based company earned 88 cents a share ex-items for the quarter ended July 31. That’s down 1% from a year earlier but 3 cents above the 85 cents a share expected by Wall Street. Earnings based