(MENAFN) After the Hewlett-Packard Co., the top American tech giant, split last fall, HP Inc. has tackled PC sales in a declining market, based on the latest reports.
Accordingly, the most recent reports showed that HP Inc. had a profit of almost half of last year's earnings, going from a total of USD1.01 billion to USD626mn.
Basically, overall income dipped 11 percent with the drop in sales across the board of personal systems, consumer sales, commercial revenue, and printers.
In particular, the company's personal systems sales plunged 10pct y-o-y, with consumer revenues down 16pct along with a 7pct decline in commercial sales.
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