HP Sees Weak PC Demand Early 2024 But Recovery Coming With New AI PCs
- HP Inc. CEO expects PC demand to remain weak in early 2024 but improve in 2H
- HP quarterly revenue missed estimates; shares fell 2.5% premarket
- HP maintaining tight grip on costs to protect margins
- HP 2Q and full-year EPS guidance trails estimates
- CEO says stage set for recovery with AI PCs coming