H L Data Storage Store Banner 970x90
Breaking News

Klipsch announces the debut of its new Reference series speakers Sony WH-1000XM5 wireless headphones get latest noise canceling tech A Huge Step for Unprecedented Compatibility, MSI 300-series Motherboards Are Ready to Support Zen 3 Processors with AGESA Combo PI V2 1.2.0.7 A brand-new look for Android Auto TerraMaster Launches Partner Program Along with 9 New Professional NAS Products

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

HP Shows strong Q4 Sales

HP Shows strong Q4 Sales

Enterprise & IT Nov 29,2018 0

HP Inc, which houses the hardware business of former Hewlett-Packard Co, reported quarterly revenue that beat estimates on Thursday, driven by growth in its notebooks and desktops and the acquisition of Samsung's printer business.

HP Inc. said that profit excluding some items will be 50 cents a share to 53 cents a share in the current period.

For fiscal 2018, HP reported earnings of $5.3 billion, on revenue of $58.5 billion, up 12 percent.

The personal systems business, which accounts for more than 60 percent of HP Inc's total revenue, rose 11 percent to $10.06 billion.

Despite the sales growth in the fiscal fourth quarter, HP is facing tougher competition while worldwide PC demand remains stagnant. Lenovo Group Ltd. seized HP’s global sales crown in the third quarter, according to Gartner Inc. HP’s personal systems business only had a 3.8 percent operating margin in the period that ended Oct. 31.

The company, which completed the acquisition of Samsung's printer business last year, said revenue from its printing business rose 9.1 percent to $5.30 billion.

Tags: HPfinance
Previous Post
ASUS Partners with Quantumcloud to Enable Cryptomining
Next Post
Dell Reports Rise in Revenue On Strong Server and PC Sales

Related Posts

  • HP Threat Research Shows Attackers Exploiting Zero‐Day Vulnerability Before Enterprises Can Patch

  • AMD EPYC Processors Enable Next Generation of Hewlett Packard Enterprise Storage

  • HP Announces its CES 2021 Product Launch Line-Up

  • HP, Valve, and Microsoft Present the Reverb G2 Virtual Reality Headset

  • HP Launches New HP EliteBooks, the ZBook Firefly 14 and E-Series Monitors

  • SoftBank Reports $18 Billion Loss from Vision Fund

  • Panasonic Annual Profit Decreased, Tesla Battery Venture Brings Gains

  • Sony's Q4 Profit Dropped 57% on Low Image Sensor Sales

H L Data Storage Store Banner 300x600

 

Latest News

Klipsch announces the debut of its new Reference series speakers
Consumer Electronics

Klipsch announces the debut of its new Reference series speakers

Sony WH-1000XM5 wireless headphones get latest noise canceling tech
Consumer Electronics

Sony WH-1000XM5 wireless headphones get latest noise canceling tech

A Huge Step for Unprecedented Compatibility, MSI 300-series Motherboards Are Ready to Support Zen 3 Processors with AGESA Combo PI V2 1.2.0.7
PC components

A Huge Step for Unprecedented Compatibility, MSI 300-series Motherboards Are Ready to Support Zen 3 Processors with AGESA Combo PI V2 1.2.0.7

A brand-new look for Android Auto
Consumer Electronics

A brand-new look for Android Auto

TerraMaster Launches Partner Program Along with 9 New Professional NAS Products
Enterprise & IT

TerraMaster Launches Partner Program Along with 9 New Professional NAS Products

Popular Reviews

CeBIT 2005

CeBIT 2005

CeBIT 2006

CeBIT 2006

Zidoo Z9S 4K Media Player review

Zidoo Z9S 4K Media Player review

LiteOn iHBS112 review

LiteOn iHBS112 review

Club3D HD3850

Club3D HD3850

Pioneer BDR-2207 (BDR-207M) BDXL burner review

Pioneer BDR-2207 (BDR-207M) BDXL burner review

External USB Slim Recorders Comparison

External USB Slim Recorders Comparison

Crucial P1 NVMe 1TB SSD review

Crucial P1 NVMe 1TB SSD review

  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed