https://tbri.com/wp-content/uploads/2021/09/TBR-Insight-Center-Logo.png 0 0 admin https://tbri.com/wp-content/uploads/2021/09/TBR-Insight-Center-Logo.png admin2018-05-30 14:53:382022-11-03 21:11:34Analysis: HP thrives on consolidation, enjoys a strong quarter in all its businesses
Analysis: HP thrives on consolidation, enjoys a strong quarter in all its businesses
Despite its central position in two flat markets, personal computers and printing, HP has reported double-digit annual revenue growth in both, and double-digit operating profit growth in PCs for its most recent quarter. Growth in printing was, in part, inorganic, following on the company’s acquisition of Samsung’s print business, named S-print. At the same time, the printing business operating profit growth was only 1.6% year-to-year, and operating margin decreased 140 basis points to 16.0%, a consequence of the costs of incorporating S-print. — Daniel Callahan, Analyst
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