Back to top

Image: Bigstock

HP Inc.

Read MoreHide Full Article

After about a year of consideration, Hewlett-Packard successfully split itself into two standalone companies – HP Inc. and Hewlett-Packard Enterprise. Both the entities will face significant challenges since they are not going to be directly competing against cloud computing. The demand for desktop PCs and printers is not as strong as it was a decade ago. To add to the woes, Gartner now predicts that PC shipments will contract 7.3% in 2015, worse than its earlier forecast of 4.5% decline, primarily due to the lack of device replacement and strong dollar. The persistent decline in PC shipments raises a question regarding the future of the PC industry.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

HP Inc. (HPQ) - free report >>

Published in