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HP Inc. (HPQ)

NYSE - NYSE Delayed Price. Currency in USD
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18.32-0.12 (-0.65%)
At close: 4:03PM EDT

18.30 -0.02 (-0.11%)
After hours: 7:45PM EDT

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  • J
    Jenny
    HPQ reported that it would be replaced temporarily by Marie Myers as of Octob er 1. Furthermore, these businesses are erupting billion-dollar chance in the eSports sector. Figure out WHY: http://psce.pw/esportsCatchingHeatMustSee
    eSports Getting Really Big On Wall Street - Reasons Why Investors Are Hunting Hard For The Next Sector BreakOut!
    eSports Getting Really Big On Wall Street - Reasons Why Investors Are Hunting Hard For The Next Sector BreakOut!
    psce.pw
  • D
    Dave
    “PC sales were great. They have become essential. We are seeing a trend where there used to be one to two PCs per home; now, it is one per person at home because they are needed for work and learning,” HP Chief Executive Enrique Lores told MarketWatch in a phone call before the results were announced. “This is driving demand.”

    Reflecting its optimism, the company offered fourth-quarter adjusted earnings guidance of 50 cents to 54 cents a share. FactSet analysts had expected 50 cents a share.
  • M
    Mr Rat
    For clarification, this is a ZERO STAR REVIEW.

    Model: HP 17-by3065st 17.3" Notebook, Intel i5, 8GB Memory, 128GB SSD + 1TB Hard Drive, Windows 10, Silver

    Purchased this for my daughter's freshman year in college. She has it less than 1-month, when she frantically calls that the laptop is broken. When she turns it on, the screen is all messed up and it appears to be broken, but it's been on her desk the whole time, and she hasn't moved it, dropped it, or put anything on top of it. How could this be??

    My wife drives the 6-hour round trip to pick her up and bring her home so she can use our PC to virtually attend her classes while we figure out next steps on her broken laptop.

    Obviously, Staples was no help whatsoever. To stay within the posting guidelines, lets just say the clerk implied it was my daughter's fault, and they were unwilling to replace it.

    My wife's next stop was our reputable hometown computer repair shop. The repair person took one look at it and immediately pointed to the problem -- the right hinges were separating from the monitor, which led to stress on the screen from opening and closing it, thereby weakening and cracking the screen at the same point where the hinges were separating.

    The computer repair person confidently replied that this was clearly a defective unit and would be covered under the warranty with HP.

    My wife's next stop was virtually chatting with HP support for over 4 hours trying to resolve this issue. Even though the defective hinges led to the cracked screen, HP was completely unwilling to honor any kind of warranty, and demanded $299 + tax to fix it.

    No matter how you frame it, tee it up, or logically try to explain it to the virtual representative, broken screens, even if broken because of defective hinges, are not covered by warranty. Meanwhile, our local PC repair person said she could replace the screen for $200.

    At this point, I had finished up my work for the day and began helping my wife get this resolved. I proposed having HP fix the hinges under warranty, ship it back to us, and then we will have our local computer repair shop replace the screen. However, HP is unwilling to accommodate this request, as again (for like the 10th time) the HP playbook says that screens are not covered under warranty, and according to the virtual representative, only fixing the hinges would make the problem worse because the laptop needs to be completely repaired.....at our cost.

    After 4-hours of pure hell, the HP representative finally agreed to ship us a prepaid box so they could evaluate our problem. However, this is far from being resolved to our satisfaction. I have every reason to believe that even though the defective hinges (which were not readily apparent until pointed out to us by a reputable repair person), caused stress on the screen and ultimately caused it to break, HP is going to force their hand once again on us and demand that we pay over $300 to fix their product, which should have been covered under warranty.

    After owning 2 different HP desktops and 5 different HP laptops, this will obviously be my last HP purchase....EVER!

    Therefore, before you purchase any HP product, just know this truth: Any support you need from HP to honor a warranty or defect will be denied and put back on you, the consumer. In all seriousness, I would recommend spending more money on an Apple MacBook, where you can at least take it to an Apple Store and talk one-on-one with a qualified associate who will at least listen and genuinely try to help you resolve your problem.
  • l
    loren
    They had some interesting insights about HPQ on http://stocktip.xyz. Definitely made me think twice about the company.
  • s
    steve
    I guess we'll soon see how this plays out. Sometimes you just have to buy something based on what you see and hear around you. I can't help but see all the telework and virtual schooling going on as a benefit to this company and this quarter. I probably should have dug a little deeper into the printer side of things, and hopefully that number shows improvement from last quarter. My hopes for tomorrow are .55 per share and good guidance for the at least the next quarter. Continued affirmation of dividend and buy-backs would be nice as well. I fully expect them to smash that lowball estimate, but without good guidance going forward (which most companies seem hesitant to provide), I don't know if this will move as much as we'd like. They know how many orders they already booked since the quarter ended, if it's good (as I suspect it is) please tell us.
  • e
    elmer
    I collect electronics from garbage. Lots of HP printers. I asked a kid why ? He tells me printers are designed to shut off irreversibly after a certain number of ink cartridges being used and always shutting off when a new cartridge battery being installed. What a way of making money !!!
  • U
    US~MSO~LONG
    HPQ posted better-than-expected results for its fiscal third quarter, driven by a spike in consumer PC demand, which was partially offset by weakness in commercial printer sales. The company also showed strong progress on its cost cutting plan and resumed an aggressive stock repurchase program.

    For the quarter ended July 31, HP (ticker: HPQ) posted revenue of $14.3 billion, down 2% from a year ago, but about $1 billion ahead of Wall Street analyst expectations. Non-GAAP profits were 49 cents a share, ahead of both the company’s guidance range of 39 to 45 cents, and the Street consensus of 43 cents.

    “It was a very strong quarter at both the top and bottom lines,” CEO Enrique Lores said in an interview with Barron’s. “We’re making progress on our innovation strategy in both printers and PCs.”

    Revenue from the company’s Personal Systems segment was up 7% year-over-year and 25% sequentially, driven by a huge spike in notebooks, with revenues up 30% from a year ago and 44% sequentially. But desktop PC revenues were down 29% from a year ago and 9% sequentially. Commercial revenue in the segment was down 6%, while consumer was up 42%. HP shipped 18 million PCs in the quarter, a record. Overall units were up 11%, with notebook units up 32%, and desktop units down 30%.
    For the fiscal third-quarter, HP reported revenue of $14.3 billion, down 2% from a year ago but about $1 billion ahead of Wall Street’s forecast.
    For the fiscal third-quarter, HP reported revenue of $14.3 billion, down 2% from a year ago but about $1 billion ahead of Wall Street’s forecast.
    www.barrons.com
  • J
    Jean
    Everything long term investors want to see. Not great for short term investors.
  • F
    First
    HPQ ex dividend date at September 8th by 3.55%. Load up huge today.
  • D
    Delta
    Strong buy !
    Earning report is coming and 3D printing future is widening 🚀
  • G
    Gillen
    This lack of volume is disturbing. If hp was going to blow away earnings resulting in a probable stock price increase, wouldn’t hp buy shares now why the price is lower IF they are going to buy shares?
  • M
    Matt
    instant ink will be important moving forward. a subscription offering that not only brings in consistent revenue but also will help scale up and down production as needed. should help OP. also the HP Smart App is bar-none.. HP Printers are the way to go and now HPQ has found a way to continually monetize, add customer value even after initial purchase. great value proposition here in that business line alone.
  • m
    m
    Patient paid off on this one. Bought for 15-16ish and wanted to so much to sell when it popped to 18.5 that same week. But held on an collected the divvy
  • m
    messenger
    Why is HPQ up over 3%?
  • D
    Danny
    I believe HPQ earning would be above estimates and stock goes above $20.
    HP Inc. to Announce Third Quarter Fiscal 2020 Earnings on August 27, 2020.
    I bought $19 call options.
  • R
    Ricafrente
    They had some interesting insights about HPQ on http://webstock.today. Definitely made me think twice about the company.
  • s
    steve
    The biggest electronic retailer reports tomorrow. I hope they have some good breakouts about CPU volumes during the quarter. If not I'll buy more calls on any weakness tomorrow. I'm pretty sure large bulk orders by industry and schools is going to be the driver for HPQ and Dell, but I'd love for the retailer to tell us they can't keep laptops in stock.
  • C
    Carl
    I double my current position at the close. HPQ's computer sales should be strong as many schools are going at least partially virtual. All my business friends say their companies are getting them new computers in anticipation of them continuing to work from home. HPQ"s corporate printing sales will suffer until the pandemic gets under control, but I believe HPQ will hold its own everything considered. I was surprised to see XRX bounce so much, and I think that is a far weaker holding than HPQ.

    Stay safe and have a good weekend!
  • D
    Dave
    “As mobility and high-powered, lightweight always-connected PCs become critical for not just the household, but every member in the household, we have seen demand soar,” Daniel Newman, principal analyst at Futurum, told MarketWatch. “HP has not only embraced this, but has been operationally efficient, which is a big driving factor in its beat on the top and bottom line.”

    The quarter could have been even better, but supply constraints, as well as elevated components and logistics costs, pushed the printer business down 20%. Lores said he expected a bounceback in the current quarter as some commercial customers return. Office closures nationwide have undercut sales of printers and consumables for HP and others.
  • T
    Thomas H
    $21 by tomorrow.