Dell, HP Earnings Expected to Herald the End of PC Era
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The PC era is ending. More evidence of the monumental shift away from personal computers will come when Dell Inc. reports results later today, and Hewlett-Packard Co. announces its earnings next week.
As more consumers and businesses flock to smartphones and tablets, companies led by Hewlett-Packard, Dell and Microsoft Corp. that long benefited from demand for PCs are feeling the pain. Dell will report a 10 percent drop in sales, while Hewlett-Packard’s revenue fell 6 percent in the most recent quarter, estimates compiled by Bloomberg show.