Tech

HP reports Q4 revenue declines 11.2% year-on-year to $14.8 billion and Personal Systems revenue declines 13% year-over-year to $10.3 billion and forecasts PC sales to decline 10% in fiscal year 2023 (Brody Ford/Bloomberg)



Brod Ford / Bloomberg:

HP reports Q4 revenue declines 11.2% year-on-year to $14.8 billion and Personal Systems revenue declines 13% year-over-year to $10.3 billion and forecasts PC sales to decline 10% in fiscal year 2023— HP Inc. said it will cut up to 6,000 jobs over the next three years as falling demand for personal computers cuts profits.




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