Strong leadership position in workstations
At the end of 4Q15, Hewlett-Packard (HPQ) maintained the top position in mobile workstations with a share of 42%. HPQ outgrew market profitability and held first place in the commercial segment, with an all-time high share of 24% in 4Q15. As stated in Part 1 of this series, the overall PC market was slow to recover but Hewlett-Packard continued to execute and manage its channel inventory and improve product mix.
The other leading players in the workstation segment include Dell and China’s (FXI) Lenovo (LNVGY) with a market share of 38% and 13%, respectively. In the last quarter, HPQ closed a large UK public sector contract, retaining desktop product business and beating key competitors. The firm also stated that it won back “significant business” with one of the world’s largest multinational banking and finance service firms with its commercial EliteBook.
In the last reported quarter, HPQ’s commercial mobility segment, which includes tablets and detachables, saw strong double-digit growth YoY (year-over-year).
Printing business segment performance
In the printing segment, Japanese (EWJ) printing vendors continue to enjoy pricing advantages driven by a weak yen. Other factors affecting the performance of HPQ’s performance in this space include market contraction, weakness in emerging markets, and tough economic conditions in key countries.
HPQ dominates hardcopy peripherals market
As you can see in the above graph, HPQ continues to be a market leader in the worldwide hardcopy peripherals market with a share of approximately 40%. Canon (CAJ) is at a distant second place in this market, with a share of about 19%. Seiko Epson (SEKEY), Brother (BRTHY), and Korea’s (EWY) Samsung Electronics (SSNLF) are other players in this market.
In the next part, let’s analyze HPQ’s Supplies segment.
Hewlett-Packard President Christoph Schell has stated that the company is set to launch a PC and printer offensive in its SMB segment.
Verizon Communications stock (VZ) closed down 2.09% on Tuesday after the leading US mobile carrier reported mixed results for the first quarter of 2019 before the market bell yesterday.
Several European auto companies want Nokia’s (NOK) patent business subjected to an antitrust probe.
The first-quarter semiconductor earnings season has begun, and the stock market is showing bullish sentiment as investors buy ahead of earnings releases.
Netflix (NFLX) is working its way through a series of price increases in several markets, including the United States and parts of Europe.
Netflix (NFLX) is aiming to add 14.6 million paying subscribers in the first six months of 2019.
Earlier today, the second-largest US automaker, Ford Motor Company (F), announced a plan to invest $500 million in Plymouth-based automotive company Rivian.