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Reuters

Reuters

Technology

Technology

HP cuts annual profit forecast as tariffs weigh on demand, shares fall

Reuters
Summary
Nutrition label

82% Informative

HP Inc cut its annual profit forecast as it expects moderation in PC market growth at a time when the global economic environment remains volatile.

The uncertainty surrounding U.S. tariffs and associated inflationary pressures will negatively impact demand for personal computers in the following quarters in 2025 , research firm IDC said last month .

HP now expects fiscal 2025 adjusted profit between $3.00-$3.30 per share.

VR Score

93

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98

Neutral language

96

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formal

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English

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44

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short-lived

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