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Post by account_disabled on Dec 19, 2023 4:45:01 GMT -5
Executive Officer Enrique Lores said in an interview. Elevated levels of inventory across the industry means that computer pricing remains suppressed and business customers put off purchases in the quarter due to job cuts and general costconsciousness Lores said. The economy in China is also weighing on sales he added. Personal computer sales have experienced a historic decline over the last year following a pandemicera boom. HP had been hopeful of would see quicker improvement with sales boosted by the backtoschool and holiday seasons. Industry analyst Gartner Inc. said in July that the To promote the Mobile App Development Service best user experience we close commenting after an article has been posted for three days. Yahoo Finances Conversations message boards accept comments indefinitely. See our community guidelines for more information.
The softer commercial results reinforced concerns about extended tight corporate technology spending Bloomberg Intelligence analyst Woo Jin Ho said in a note after the results. Welcome to Yahoo comments Please keep conversations courteous and ontopic. To foster productive and respectful conversations you may see comments from our Community Managers who will be designated by a Yahoo Staff or Staff label.
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