SAN FRANCISCO: HP Inc gave a disappointing forecast for profit in its first quarter as a stand-alone company, hurt by its dependence on the lacklustre market for personal computers and printers after splitting up with its corporate-technology counterpart.
On a conference call yesterday following Hewlett-Packard Co’s final earnings report as one company, HP Inc. executives said the PC industry is tougher than anticipated. The former PC and printer units were separated this month from the divisions that sell equipment, services, and software to businesses, now known as Hewlett Packard Enterprise Co.