Stock News | Market Tamer Stock and Options Training

Dell Technologies (DELL) to Post Q3 Earnings: What's in Store?

11 Best Stocks to Buy for Good Returns

13 Cheap Value Stocks To Buy According To Warren Buffett

Where Will HP Stock Be in 1 Year?

12 Best Value Stocks To Buy According To Warren Buffett

HP (NYSE:HPQ) Is Paying Out A Larger Dividend Than Last Year

HP Joined Its PC Peers In Spreading Optimism Of An AI-Fueled Market Recovery

Company News for Nov 24, 2023

HP (HPQ) Q4 Sales Hurt by Soft Demand for Personal Computers

S&P 500 Gains and Losses Today: HP Optimistic on AI Computers Boosting PC Market

These Stocks Moved the Most Today: Nvidia, Microsoft, Deere, Carnival, Autodesk, Urban Outfitters, Virgin Galactic, and More

HP Shares Reverse Course Amid AI Optimism After Reporting Sales Declined

Q4 2023 HP Inc Earnings Call

HP Stock Rises After Reporting Earnings

HP Inc. (NYSE:HPQ) Q4 2023 Earnings Call Transcript

Morning Brew: Nvidia Impresses, OpenAI Drama, and Deere's Forecast Dips

5 Things to Know Before Markets Open

HP (HPQ) Q4 Earnings Beat, Stock Falls on Dim Q1 Forecast

AI computers could be 60% of the PC market by 2027: HP CEO

HP Inc. (HPQ) posted fiscal fourth-quarter earnings that were largely in line with estimates with revenue missing by a hair. Despite this, HP CEO and President Enrique Lores is confident in the company's profit forecast and renewing demand in the PC market heading into 2024. Lores sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the latest earnings results, as well as AI PC launch dates, managing its operating margins, and where HP will fit into the AI landscape given recent shakeups occurring in other developers. While maintaining 5% growth in consumer PC sales — coming in line with HP's own forecasts — Lores holds fast that this "supports the momentum that we start seeing" expected through the beginning of 2024. HP plans to ship out its AI PC units in the second half of 2024, which Lores previously called "a huge opportunity to really bring energy to the category" in an earnings call back in May. "There is a difference between launching and penetration," Lores underlines on the eventual market share of its new hardware. "Our projection is that the penetration of the AI PCs will be between 40 and 60% three years after launch." Amid consumer fears and growing regulatory concerns on AI, Lores additionally assures customers they remain "a key area of focus" and that the tech company will prioritize data privacy while building out its artificial intelligence-powered portfolio.

Compared to Estimates, HP (HPQ) Q4 Earnings: A Look at Key Metrics