Thirty-first of October ended the next fiscal year, at the end of which Hewlett-Packard Co was divided into two companies. Hewlett Packard Enterprise Co went to the promising market of services to corporations and HP Inc forced to try its luck in the shrinking market for personal computers and printing devices.
Meanwhile, the last quarter for HP Inc has become one of the most unfortunate. Proceeds from the sale of the PC and printing devices was reduced by 14%, and the worst of all this is the case in the field of sales of printing devices and consumables. In fact, it is the implementation of consumables HP brings a significant part of the Division's revenue, and revenue is reduced by 10%. Competition from Japanese manufacturers Canon and Epson HP Inc forced to dump, and a strong dollar worsened profitability in those regions where the implementation of the production is for the local currency. HP Inc Profits from this significantly affected. The release of Windows 10 is no invigorating impact on the PC market did not have, though in the case of HP Inc keep in mind that corporate customers in this sense quite conservative, and since the announcement of the new operating system was not so much time.
Shares of HP Inc yesterday fell by 16.3%, while the share price Hewlett Packard Enterprise grew by 8.5%, as the latter did not revise downward its earnings forecast for 2016.