HPQ cites premium and AI PC demand for growth, margin recovery
HPQ says premium and AI PC demand, strategic supply management and operational efficiency drove record Personal Systems revenue and increased guidance. It attributes print growth to AI-enabled features, Big Tank share gains and industrial printing.
Record Personal Systems revenue and higher guidance were supported by demand for premium and AI PCs, strategic supply management and operational efficiency. Print growth was driven by AI-enabled features, Big Tank share gains and industrial printing, while cost and margin pressures are being managed through ongoing actions.