Posts tagged “HP”
Research firm IDC forecasts more difficult times ahead for the world's PC industry with desktop machine sales on the decline through 2020 and portables only increasing slightly. Says IDC: "Unfortunately, the PC market still faces some persistent challenges, and for now, improvement continues to mean slower declines."
Lenovo's stock is falling, Google is dumping shares at a discount, analysts have written down the company, and for the first time in six years Lenovo lost money. Now comes more bad news: Server revenue plunged 10 percent in the first quarter. Will a new hyperscale partnership help right the trend? IBM also takes a hit.
Analysis: HP Inc, the business group for PCs, printers and more that split off from parent HP, battles declining revenues with new products. But a review of its latest earnings shows HP Inc remains "mired among many of the same challenges" facing the group before the split, writes Technology Business Research Analyst Jack Narcotta.
In today's Bulldog wrapup of technology news: HP Enterprise is selling its services group; Microsoft cuts jobs in mobile unit; Toyota decides to invest in Uber; and a new report says the federal government is spending billions on antiquated technology.
Monsanto is rejecting Bayer's $62 billion takeover bid, calling it "incomplete and financially inadequate. However, Bayer's top executive believes the deal remains a "mutually compelling transaction." Plus: A graphical view of top mergers so far this year.
HP Enterprise is selling its business services division to Computer Sciences Corp. in a deal worth $8.5 billion. What's this mean to CEO Meg Whitman's HPE? Analyst Krista Macomber of Technology Business Research takes a look.
Lenovo employees are gathering in Raleigh this week for the spring kickoff by the world's No. 1 PC seller. But there's not much joy for Lenovo or its competitors based on the latest PC sales statistics. Global shipments crashed in the first quarter. About the only bright spots for Lenovo were: Increase sales in the U.S. and a bigger global market share year-over-year.
Analysis: HP Enterprise's first financial report earlier this month shoes year-to-year margin improvements indicating a positive trajectory in HPE Services turnaround, writes Technology Business Research Analyst Kevin Collupy.
Analysis: The first quarter of the newly split-off HP Enterprise under Meg Whitman offers analysts a chance to review the strategy of the former software and services side of HP. Technology Business Research Analyst Andrew Smith takes a look.
Analysis: The first quarterly earnings release filed by Hewlett Packard Enterprise (HPE) underscores the opportunities and challenges inherent in a market undergoing significant technological and competitive disruption, concludes Technology Business Research analyst Krista Macomber.
Analysis: HP Inc. starts its independent existence with a tough quarter, and the news means the faster cutting of 3,000 jobs as well as other non-labor spending reductions, says Technology Business Research analyst Ezra Gottheil.
Global personal computer sales fell in 2015 for the fourth consecutive year, but there's good news for No. 1 seller Lenovo in the data. The company drove up sales in the U.S. and also grew its worldwide market share even as net sales dropped.
At the recent Hewlett Packard Enterprise Discover event in London, executives laid out their vision for the new HP, built on the split of the tech giant into services and hardware. Technology Business Research Analyst Cassandra Mooshian liked what she saw and heard.
Analysis: HP's earnings results from its last quarter as a single company underscore its need to realign around changes in the global PC and data center markets., says analyst Stephen Belanger of Technology Business Research.
Hewlett-Packard (NYSE: HPQ) went out with a whimper Tuesday, as the venerable computer-maker issued its final quarterly earnings report as a unified tech conglomerate, showing another drop in sales for most of its business divisions.
When was the last time you shopped for a PC? For many people, smartphones, tablets, and devices such as Chromebooks have usurped the role PCs tradtionally played in our digital lives. So, PC makers including Dell, HP, Lenovo, Intel and Microsoft are collaborating for the first time on a joint ad campaign to tout what they call "unprecedented, substantive innovation in the PC category."
Worldwide PC shipments declined 7.7 percent in the third quarter compared to the same period last year. Shipments totaled 73.7 million units, but continued to show weakness, according to preliminary results by Gartner Inc. Lenovo showed the strongest growth among the top five U.S. vendors.
If you have wondered why Lenovo has cut jobs in its RTP-based x86 server business this year, some proof can be found in the latest global server sales statistics from IDC. New numbers from Gartner are similar. Yes, Lenovo revenues and share jumped tremendously after buying IBM's x86 business last year, but the growth didn't match the revenues and share IBM shed. Meanwhile, there's good enws for Cisco.