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Printing Market Remains Merciless to HP

While being a PC maker isn't quite as rough right now as it was earlier this year, being a printer maker is still a miserable business. HP Inc.'s (HPQ) fiscal third-quarter results and guidance drive this home.

Improved Personal Systems (PC) division sales allowed HP to report third-quarter revenue of $11.89 billion (down 4% annually) and adjusted EPS of 48 cents, above mean analyst estimates of $11.47 billion and 44 cents. But with big printing declines weighing, HP also guided for fourth-quarter adjusted EPS of...


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