Industry executives said this is a reflection of the overall fall in PC demand in FY23 post the Covid peak in sales then due to work and study from home and also due to high inflation impacting consumption. In the FY23 annual report filed to RoC, Lenovo India managing director Shailendra Katyal said the company’s “PC business navigated global uncertainties, supply chain disruptions, inflation and high interest rates.”
Industry executives said this is a reflection of the overall fall in PC demand in FY23 post the Covid peak in sales then due to work and study from home and also due to high inflation impacting consumption. In the FY23 annual report filed to RoC, Lenovo India managing director Shailendra Katyal said the companys “PC business navigated global uncertainties, supply chain disruptions, inflation and high interest rates.”
Last week, Dell Technologies Inc (NYSE: DELL) had its best stock market day since its 2018 return to the public market after it reported its fiscal second quarter results. Despite a revenue decline, Morgan Stanley named the computer maker as its top hardware pick, dethroning Apple Inc (NASDAQ: AAPL) as Dell emerged as an early winner of the Generative AI momentum. While HP Inc (NYSE: HPQ) lost its ground on soft guidance with its shares falling 6.6% upon the report on Tuesday, Dell shares surged
Last week, Dell Technologies Inc (NYSE: DELL) had its best stock market day since its 2018 return to the public market after it reported its fiscal second quarter results.
As we know, Hewlett Packard became HP… and then, once the earth cooled, HP became HP Inc and Hewlett Packard Enterprise (HPE). While HP Inc continued to sell ink (pun intended) inside its printer .