HP beats revenue estimate on recovering PC demand

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HP beats revenue estimate on recovering PC demand

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(Reuters) - HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems.

Like other PC makers, HP experienced a boom in sales during the pandemic as consumers, businesses and schools stocked up on tech products and then a subsequent two-year sales slump. That slump is just now easing.

 

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