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HP Reduces Profit Forecast as PC Sales Continue to Slide


HP (US.HP) reported quarterly sales that missed estimates and reduced its annual profit forecast on falling demand for personal computers and printers, especially among consumers. Fiscal third-quarter revenue fell 4.1% to $14.7 billion, the Palo Alto, California-based company said Tuesday in a statement. Analysts, on average, projected $15.6 billion.&nbsp

Consumer sales in its computer division declined 20%, led by cratering demand for notebooks. Revenue generated by the Personal Systems division -- including PCs -- dropped 3% to $10.1 billion in the period ended July 31.&nbsp

While sales to consumers fell, commercial revenue increased 7%. Total unit shipments tumbled 25%, with notebooks down 32%. PC demand, which boomed early in the pandemic, has fallen off as schools reopened and economic sentiment soured.&nbsp

Global shipments declined 13% from April to June -- the worst quarter in more than nine years, according to Gartner Inc., an industry analyst. HP experienced a drop of more than 27%, the worst of any company tracked by Gartner.


08 302022

Livrarile de PC-uri au suferit cea mai mare scadere din ultimii ani


In trimestrul 2, livrarile de PC-uri la nivel global au suferit cel mai sever declin din ultimii 9 ani. Scaderea a fost de circa 12% fata de perioada similara din 2021 (sau 15%, daca numaram un pic diferit) si ar trebui sa se reflecte in vanzarile Lenovo, HP si Dell. Noua realitate a fost reclamata recent si de Intel si Micron Technology.

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Berkshire Hathaway a rascumparat actiuni de 1,3 miliarde de dolari in ultimele sase saptamani (DE.BRYN) (US.BRKB)


Rata de rascumparare reflecta, de fapt, strategia Berkshire de anul acesta. Doar in T1/2022, compania a achizitionat actiuni de 51 de miliarde de dolari la grupuri precum Apple (US.AAPL), Occidental Petroleum (US.OXY) si HP (US.HP). Actiunile Berkshire „A” au atins un nivel record de 544.000 de dolari spre finele lunii martie, dar de atunci s-au prabusit cu 23% la sub 419.000 dolari. Buffett se mandreste ca este prudent in ceea ce priveste rascumpararile si si-a reiterat abordarea in cea mai recenta intalnire a actionarilor Berkshire. „Nu facem nimic din ce nu ar oferi valoare catre Berkshire Hathaway.


burse fonduri mutuale

Buffett’s Berkshire Hathaway Adds New $4.2 Billion HP (US.HP) Stake


Warren Buffett’s Berkshire Hathaway Inc. bought a stake in HP Inc. valued at more than $4.2 billion. Shares of the laptop maker surged as much as 10%. HP stock rallied last year, gaining 53% in 2021, but had fallen 7.3% since the beginning of the year through Wednesday’s close. Berkshire, which had historically shied away from some technology investments, has leaned further into that sector in recent years and built up a stake in Apple Inc. that was valued at more than $161 billion at the end of 2021.


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HP (US.HP) smashes profit forecasts, stops shipments to Russia


The company squashed analyst profit forecasts for its first fiscal quarter, powered by strong sales of commercial computers and printers. HP said commercial computer and printer sales rose 26% and 9%, respectively from the prior year.


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