One of the largest producers of computers and office equipment, HP Inc., this week reported on the results of the fiscal quarter. The number of laptops shipped rose 5 %, but devices for printing it sold for 23 % less. Revenues from sales of consumables decreased by 15 %.
Statistics various sources States that, in the conditions of self-isolation high demand mainly laptops, but tablets, these could not boast. Remote work involves minimal use of paper documents, and therefore the demand for printing devices has decreased, and consumables. This is confirmed by published this week quarterly report of HP Inc. The company has reduced revenue year-on-year by 11.2 %, to $12.5 billion.
If we analyze the structure of revenues by segment, at 41%, it was defined laptops, 19% desktop, 7 % – workstations. Print device class of consumer brought not more than 4% of revenues in the commercial segment, this figure was 6 %, and the remaining 23 % of revenue was determined by the implementation of consumables. The company’s operating profit was $1.1 billion, it is 50% is determined by the printing systems and consumables. In the last segment profit margin reached 13.2% in the personal systems segment value does not exceed 6,6 %. The total revenue depended on the printing systems at 33 %, other 67% was determined by a segment of the personal systems.
If we consider the revenues from personal systems separately, it is at 61% was determined by notebooks and on 29% of desktops. The number of issued personal systems in the last quarter decreased by 5 %, but if the supply of laptops for a similar amount of interest has grown, the supply of desktop systems decreased by 23% in the annual comparison. Revenue from sales of laptops has been kept at last year’s level, but in the desktop segment, it decreased by 18 %.
Revenue in the segment of printing devices 68 % depended from the sale of consumables. In this area, revenues decreased by 15 %. Hardware solutions for printing were sold is 23% less than in the same period last year. In the commercial segment, revenue fell by 31 %, in consumer goods by 16 %. If we talk about the dynamics of earnings in a geographical binding, it is more likely she fell in the Asia-Pacific region. This is understandable, since he first took the brunt of the pandemic.
HP Inc. refused to give a forecast for the current fiscal year, but in the second calendar quarter expects a sharp decline in revenue from the sale of consumables, since many offices are still closed, and print documents in the previous volumes is not carried out. By early may, the company managed to fully restore production hardware solutions after quarantine at the enterprises in China and neighboring countries. The pandemic has enabled HP Inc. reminded of the importance of the development of three-dimensional printing technology: the company and its partners together have produced more than 2.3 million components for face shields, respirators, and ventilators and other medical equipment.