HP sees growth in its PC business after seven quarters

Even at a time when many companies may assume that people would migrate from PC to tablets, HP's optimism may have started to pay off.

Published Sat, Feb 22 2014 9:32 AM CST   |   Updated Tue, Nov 3 2020 12:18 PM CST

HP's Q1 2013 fiscal reports pointed that its PC business has witnessed a growth after seven quarters.

HP sees growth in its PC business after seven quarters | TweakTown.com

The PC group business witnessed a growth of 8.5 billion in revenue which reflects 4% in comparison with the previous year. HP's CEO Meg Whitman remains positive that people will be more inclined to shift to a new PC rather than a tablet. She said,"While employees may want a tablet, they also need more traditional compute devices to do their real work."

Whitman also praised Weisler who replaced Todd Bradley last summer when personal system group suffered a fall of 20% in revenues. However, she added that its too early to say if the company's PSG group is out of danger as people haven't been buying many HP branded PCs as the sales went down to 3% from the year-ago quarter.

The sales of notebook units from HP increased up to 5%.

NEWS SOURCE:businessinsider.in

After being a long time PC enthusiast and a former contributor for many Indian based PC and Tech forums, Roshan now joins TweakTown covering tech news and also any developments from India. Like many enthusiasts, with years of being involved in many Indian tech forums and running his own tech site, he's commonly referred by his forum nickname 'The Sorcerer' by many old and new fellow PC enthusiasts, followed by few companies from time to time. He's also the winner of the TweakTown's Computex 2012 Taipei trip. If any free time is left, Roshan prefers to play FPS games.

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