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HP Ink Blames Windows 10 for Lousy 2016Q1 Sales

Accepted submission by -- OriginalOwner_ http://tinyurl.com/OriginalOwner at 2016-02-26 01:25:31
Business

from the 3-fingers-pointing-back dept.

El Reg reports [theregister.co.uk]

HP Ink--the PC and printers half of the Hewlett-Packard split--has blamed Windows 10 for a ho-hum quarter of declining sales.

[...]It's HP Ink's first quarter as a standalone company since the Great HP Split [channelregister.co.uk] of 2015.

We were told Microsoft's software hasn't, so far, apparently, spurred enough people into buying HP-branded PCs. Well, that may explain the 13 per cent fall in the company's personal systems revenues.

How about its printers, though? People love printers, right? Always buying them. Always having fun on cold Sunday evenings reinstalling drivers. Unjamming the paper trays. Buying new cartridges. Revenues fell 17 per cent. Ah.

This should have been a boom quarter for HP Ink as the period covered the Christmas shopping season.

[...]Currency swings, the free giveaway of Windows 10 (normally people buy a new machine to get a new Microsoft OS), and the fact that no one uses printers any more is punishing a company primarily relying on printer and PC sales.

[...]"It's all bad", said [bloomberg.com] tech analyst Anand Srinivasan, which is perhaps the most upbeat thing you can say right now about HP Ink.


Original Submission