Pandemic boosts sales for Dell and HP as revenues exceed estimates

Irish Times | Nov 25, 2020 at 4:54 PM
  • Dell and HP have reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic.
  • HP shares gained about 5 per cent in New York trading, helped by the company’s announcement that it would boost the quarterly dividend to 19.38 cents a share.
  • The company reported a 21 per cent rise in consumer hardware sales and a 22 per cent drop in hardware revenue from businesses.