HP quarterly earnings highlight impact of global semiconductor shortage

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HP isn't alone in suffering from IC shortages.
hp-pavilion-x360-14-closed-lifestyle.jpg

[h=2]What you need to know[/h]
  • HP recently held its Q3 2021 earnings call.
  • The company didn't meet analyst revenue expectations for the quarter.
  • The components shortage is cited as a key reason behind the shortcoming.
Much like Dell, HP has benefited from the pandemic era's emphasis on PCs. Sales figures are massive as ever, though the pandemic is also being blamed for stopping revenue from being as high as analysts expect it to be.

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