The Latest Breaking News from Enrique Lores

Workers and consumers are using and upgrading their printers less these days – HP reckons subscriptions are the answer.

Warren Buffett fully exited HP in Q1. With YTD gains of 18%, HPQ stock is outperforming the S&P 500 Index this year. Did Buffett sell the stock too early, and should you still hold on to HP?

Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.

Not satisfied with merely bricking printers, HP now wants to own them all forever!

Apparently, HP makes a loss on selling its printers but recuperates this when you subscribe to Instant Ink.

“Many activities that today take one day to get done are going to take seconds,” said Enrique Lores.

HP's Jim Cramers stated that developing AI-enabed PCs are poised to revolutionize the way users interact with computers.

Global tech and computer giant HP Inc is planning for future growth opportunities by focusing on solutions and user experiences beyond the personal computer (PC) market amid global economic headwinds.

The layoffs come amid weaker sales and a faltering economy, with HP Inc.’s CEO describing it as a “volatile macro-environment.”

Global tech and computer giant HP Inc is widening growth opportunities in the fields of hybrid work, gaming and sustainability, which have a total addressable market value of more than US$700 billion.

HP Inc (NYSE:HPQ) agreed to acquire Plantronics Inc (NYSE:POLY) for an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion. The purchase price of $1.7 billion implied a premium of 52.7% to Plantronics' March 25 closing price of $26.20, Reuters reports. Plantronics is a leading workplace collaboration solution provider. HP…