A few catalysts are coming into play for computer giant HP Inc. (HPQ): the AI PC and the Windows refresh cycle.
HP’s fiscal second quarter stabilized a bit from a lackluster showing in the preceding quarter, the company reported Wednesday afternoon.
The company’s sales increased in its personal systems segment, due to commercial clients upgrading their computers ahead of Microsoft ending support for Windows 10 in October 2025.
HP CEO Enrique Lores told Yahoo Finance that the upgrade cycle fueled stronger than expected PC demand by businesses.
Companies are also upgrading units still in use from the pandemic.
“The installed base has aged, and now people both small companies and large companies, realize that they need to change that,” Lores explained.
Sales and units of HP’s personal computers fell in the quarter.
Printer sales continued to be a tough business, amid pricing pressure from…
