©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.
The world’s two largest personal computer makers, Hewlett-Packard and Dell, said Tuesday that a slowdown in sales to consumers in the first months of the year damped overall revenues.
“The PC market continues to be bifurcated,” Léo Apotheker, the H.P. chief executive, said in a conference call with analysts. He added that “even though our consumer PC expectations had been cautious, the steepness of our Q2 decline is greater than what we had anticipated.”
H.P. said that sales of personal computers in the fiscal quarter ending April 30 fell 5 percent, to $9.4 billion. A 23 percent decline in consumer computer sales far outweighed a 13 percent increase in sales to businesses. Read more