HP Lifts Earnings Outlook Despite Supply-Chain Disruptions

HP provided an upbeat earnings outlook at the same time as ongoing supply-chain disruptions and sanctions towards Russia impression its laptop computer and printing enterprise.

The tech gear firm on Tuesday mentioned demand for computer systems in current months was largely fueled by gross sales to business prospects. HP joined Dell Technologies Inc. and others in seeing a slowdown in lower-cost laptop computer gross sales that boomed through the pandemic, whereas companies are nonetheless investing in computer systems as employees swap from distant to hybrid work preparations.