The Warren Buffett-led conglomerate Berkshire Hathaway has cut its stake in HP to 5.2%.
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Gartner emphasizes that the sales of desktops, laptops, and other devices dropped 5.7 percent in the third quarter of 2016.
Gartner, a technology research firm has represented Apple through a study report as the lone PC vendor to post positive sales growth during 2015. The tech giant currently enjoys a market chunk of 7.5%. Apple’s performance appears to be shining since the worldwide PC market is passing through a negative sales trend for the fourth straight year.
Three PC makers, Lenovo, HP and Dell will consolidate in the PC market, says Michael Dell on a press briefing in Bengaluru, India Michael Dell, Dell Inc. CEO, told Reuters he predicts there would be consolidation among three PC makers in the market. These are Dell, HP and Lenovo. These three PC manufacturing companies will take over 80% of the market in a few years.
Hewlett-Packard Co (HPQ.N) reported flat or lower quarterly revenue in all its operating units on Tuesday, and forecast full-year earnings well below analysts' expectations due to the strong U.S. dollar.
International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.
A federal judge on Friday rejected Hewlett-Packard Co's (HPQ.N) proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.
Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.
Hewlett-Packard Co has taken a modest step toward re-imagining the venerable personal computer, merging a 3D scanner and projector with an all-in-one PC to create a $1,899 ensemble it hopes can rekindle industry interest.
Hewlett-Packard Co's (HPQ.N) Chief Executive Officer Meg Whitman appeared to be banking on growth markets like 3D printing and a trickle back in PC sales when she announced on Monday a spin-off for the company's computer and printing business. But some on Wall Street are skeptical.
Fear. Uncertainty. Doubt. It’s inevitable. As part of the selling/buying cycle, we’re used to analyzing the FUD to see what really matters and what doesn’t.
Indian venture capital firm IDG Ventures and Canadian investor Ascent Capital picked up a minority stake in New Delhi-based software solutions provider Newgen Software Technologies for INR110 crore.
HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.
Hewlett-Packard said it generated USD1.39 billion or 71 US cents from every share during the third quarter, 8% short with total revenue of USD27.2 billion.
Windows 8 was still behind Windows 7 because adapting to new operating system would cost corporation a lot of time.
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