'This is the biggest backlog we've ever had' - HP CEO on PC demand following strong Q4

Tom Wright
clock • 1 min read

Overall revenue dipped but the vendor shipped more computers than ever before

HP's backlog of PC demand in Q4 was the biggest it's ever seen amid pandemic demand and supply constraints, CEO Enrique Lores has revealed. The chief exec was speaking on an earnings call for th...

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
HP revenues plunge as enterprise budgets tighten

Vendor

The PC and print vendor, which plans to axe 6,000 jobs over three years, blamed 'industry-wide headwinds'

clock 01 March 2023 • 3 min read
HP Q4 revenues dip as the vendor announces cuts to 6,000 jobs over three years

Vendor

HP said it would axe up to 6,000 of its workforce by 2025 after a difficult Q4

clock 24 November 2022 • 1 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