HP, a big computer company, had good news and bad news this quarter! They made more money than expected selling lots of computers, especially laptops. But they also announced some job cuts and predict lower profits later this year.
- HP sold many computers because people need to upgrade to handle new AI software.
- They are moving some computer production out of China to avoid higher taxes.
- Even with good sales, HP expects less profit in the next few months.
| Fact | Number |
|---|---|
| HP's Q1 revenue | $13.5 billion |
| Analyst estimate of Q1 revenue | $13.36 billion |
| Projected Q2 profit per share | $0.75 - $0.85 |
| Analyst estimate of Q2 profit per share | $0.86 |
