To whom and my mother: HP Inc shipped a record 18 million PCs in the last quarter
Market participants and analysts differ in their estimates of laptop demand dynamics in the second half of the year, but in the calendar of HP Inc. and Dell recently closed their fiscal quarters and surpassed all expectations precisely due to continued high demand for PCs. In the past quarter, HP Inc. has updated the record for the volume of deliveries of personal computers.
As explained by the CEO of the company Enrique Lores (Enrique Lores), the pandemic has changed the trend in the personal computer market – instead of being content with one PC per family, people are now seeking to acquire a personal computer for each member. Intel representatives made similar statements this week, which only confirms the pattern of structural changes in demand. In the past quarter, the volume of shipments of personal computers of the HP brand reached a record value of 18 million units.
According to IDC, in the second quarter, 72.3 million desktops, laptops, and workstations were shipped worldwide, which is 11% more than in the same period last year. Dell CFO Jeff Clarke said demand for the brand’s products from government and educational organizations in the last quarter grew by 16% and 24%, respectively. By the beginning of the new academic year, which does not start in the usual format in all countries, many participants in the educational process are trying to come up fully armed. Dell’s consumer device revenue rose 18% to $ 3.2 billion in quarterly revenue.
Dell’s consolidated revenue reached $ 22.7 billion, $ 200 million above analysts’ expectations. PC sales in the corporate sector fell 11% in monetary terms, the server and networking segment showed a 5% decrease to $ 4.2 billion. Storage systems decreased revenue by 4%, but VMware increased it by 10% to $ 2.9 Billion In July, Dell founder Michael Dell announced plans to spin off VMware from the company, but the changes will not be implemented until September next year to optimize taxation.
HP Inc. in the last quarter, it earned $ 14.3 billion, exactly one billion dollars more than analysts expected. The personal systems business, which mainly consists of personal computers, brought the company $ 10.4 billion, which is 7% more than the result of the same period last year. Consumer solutions increased revenue immediately by 42%, but corporate solutions decreased by 6%. Revenues from printing systems fell 20% to $ 3.9 billion. To support its business of selling supplies for printers and MFPs, the company launched a subscription service. She has already gained 8 million subscribers.
In the consumer segment, the volume of deliveries of HP products in physical terms increased by 11%, notebooks performed well with an increase in shipments by 32%, but the desktop segment summed up the quarter with a 30% decline.
