HP Lifts Earnings Outlook Despite Supply-Chain Disruptions

HP offers an upbeat earnings outlook even as ongoing supply chain disruptions and sanctions against Russia affect its laptop and printing business.

The tech equipment company said Tuesday that demand for computers in recent months has been largely driven by sales to commercial customers. HP participated Dell Technology Inc. and other companies see sales of low-cost laptops booming during the pandemic falter, while businesses are still investing in computers as employees shift from working arrangements far to combine.

https://www.wsj.com/articles/hp-lifts-earnings-outlook-despite-supply-chain-disruptions-11654035287?mod=pls_whats_news_us_business_f HP Lifts Earnings Outlook Despite Supply-Chain Disruptions

Edmund DeMarche

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