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HP confirms the razor and blades model is changing

HP confirms the razor and blades model is changing

HP Inc’s CEO, Enrique Lores, uses the Q4 2020 results, earnings call to confirm the company continues “to evolve our print business models with our drive towards services and a rebalance of profitability between hardware and supply.” In the recent HP Q4 2020...
HP Inc. printing revenue down

HP Inc. printing revenue down

In its announcement, HP said that printing net revenue was down 3% year-over-year and supplies net revenue was down 1%. HP announced fiscal 2020 net revenue of $56.6 billion (€47.62 billion), down 3.6% from the prior-year period. For its fourth quarter net revenue was...
Brother releases second quarter results

Brother releases second quarter results

The company has released its latest financial results for the quarter ended 30 September 2020. Brother recorded sales revenues of ¥156.9 billion ($1.5 billion/ €1.26 billion), a decrease of ¥24 billion ($230 million/ €193 million) compared to the same period of the...
Toshiba Tec sales and profits down

Toshiba Tec sales and profits down

The company has released its FY2020 first half year consolidated business results, recording a year-on-year decline in net sales and profits. Although sales and profits were down in the first half of FY2020, Toshiba said that “in the harsh business environment caused...
Sharp sees YoY rises in Q2

Sharp sees YoY rises in Q2

The company has released its latest consolidated financial results, recording a year-on-year (YoY) rise in net sales of 3.2%. For the second quarter of fiscal year 2020, Sharp has recorded net sales of ¥624.8 billion ($/ €), a year-on-year increase of 3.2%. Sharp said...