HP shares nosedive after sub-par Q1

Sam Trendall
clock • 1 min read

New chief executive Apotheker under the cosh as consumer PC and services sales dry up

HP's recently appointed chief executive Léo Apotheker is already feeling the heat after a disappointing first-quarter performance gave investors the heebie-jeebies. For the three months to the e...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Intel: AI chip sales to 'meaningfully' rev up as PC revenue booms

Vendor

As the semiconductor giant’s AI chip sales pipeline grows to more than $2 billion, Intel experiences double-digit growth in its PC business and struggles with competition in the data center market in the fourth quarter while it starts executing on its ‘AI everywhere’ strategy.

clock 26 January 2024 • 5 min read
Gartner: 'The talent problem is unsolvable'

Reseller

Analyst John-David Lovelock claims the skills shortage will continue for another five years as firms should turn to managed services

clock 23 January 2024 • 2 min read
PC market growth only 'temporary' while AI will drive much needed refresh cycle

Vendor

An analyst, the CEO of the UK’s largest reseller and the UK’s biggest distie weigh in on the future of the PC market after Gartner finds green shoots of growth

clock 11 January 2024 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read