Hp Inc Stock Price, News & Analysis

HP Inc. (NYSE: HPQ) released its Workforce Evolution Study, revealing how the COVID-19 pandemic has driven the need for reskilling. With 60% of office workers in the U.S. and Europe emphasizing the importance of lifelong learning, the study highlights the emergence of the 'Empowered Employee' trend. More than 40% are reskilling through online programs, notably HP LIFE, which saw a 282% increase in signups. Additionally, 35% of employees are more inclined to start their own businesses post-reskilling. The survey included 6,000 workers and was conducted by Edelman Intelligence.

HP Inc. launched the HP Spectre x360 14, a convertible PC combining 15-inch viewability with a 13.5-inch form factor. The device features the latest 11th Gen Intel® Core™ processors, boasting a 34% performance improvement and up to 17 hours of battery life. Recognized for sustainability, the laptop incorporates keyboard scissors made from renewable materials, minimizing CO2 emissions. It offers enhanced productivity with a 3:2 aspect ratio display, AI-powered features for improved audio and performance, and superior connectivity options including Wi-Fi 6. Prices start at $1,199.99, with availability in October.

HP Inc. (NYSE: HPQ) has pledged to plant one million trees by the end of 2020 through a partnership with the Arbor Day Foundation as part of a broader effort to realize a forest-positive future. Since 2019, HP has donated over $12 million to support forest protection initiatives. Additionally, HP aims to reduce potable water consumption by 35% by 2025. The commitment includes restoration of California forests affected by wildfires and various reforestation projects across the U.S.

HP introduces new OMEN accessories featuring Warp Wireless Technology, optimizing gaming experiences. Highlights include the OMEN Frequency Wireless Headset for lag-free audio, the OMEN Vector Wireless Mouse with rapid USB-C charging, and the OMEN Spacer Wireless TKL Keyboard designed for portability. Additionally, the OMEN 30L Desktop now supports NVIDIA's latest RTX 30 Series GPUs, enhancing graphics performance. Prices range from $79.99 to $169.99, with availability starting this December.

HP Inc. introduced new productivity and collaboration PC solutions at its HP Reinvent event on Sept. 16, 2020, aimed at supporting evolving work environments. Key offerings include the HP ProBook 635 Aero G7, designed as the lightest AMD-based business notebook, and new print solutions like the HP LaserJet Enterprise 400 Series. The company emphasized a commitment to sustainability and equality, launching a partner program aimed at achieving 50% enrollment by 2025. HP's leadership discussed the importance of innovation and understanding customer needs in a rapidly changing business landscape.

HP Inc. unveiled the HP LaserJet Enterprise 400 Series at its annual HP Reinvent event on September 16, 2020. This new series is designed for remote and hybrid workforces, featuring advanced security and remote management capabilities. With 72% of office workers favoring remote work post-pandemic, the series addresses the growing need for secure, flexible printing solutions. The LaserJet series will be available worldwide starting in December, alongside the new FutureSmart 5 firmware aimed at enhancing operational security.

HP Inc. announced new devices and solutions at its annual HP Reinvent event, focusing on enabling productivity and collaboration in hybrid work environments. The press release highlighted the launch of the HP ProBook 635 Aero G7, lightweight with long battery life, and PCs built with sustainability in mind. The HP Business Boost program aims to assist small to mid-sized businesses in managing remote workforces. New monitors, including the HP E24d and E27d, enhance virtual collaboration. Pricing for various products starts from $649, with availability set for October and November 2020.

HP Inc. (NYSE: HPQ) announced the appointment of Marie Myers as acting Chief Financial Officer (CFO) effective October 1, 2020, following the departure of Steve Fieler. Myers, who has over 20 years of financial experience at HP, is currently the Chief Transformation Officer and will continue in that role during the transition. The company will initiate a search for a permanent CFO. CEO Enrique Lores praised Fieler's contributions, highlighting the value created for shareholders. Myers' leadership is expected to enhance efficiency and support HP's corporate strategy.

HP Inc. has introduced its new DesignJet portfolio, targeting construction ecosystem professionals with a focus on efficiency and sustainability. The series includes the T200, T600, and Studio Printer, featuring one-click printing via HP Click and automatic multi-size project handling. Notably, these printers are the world's first net carbon neutral large-format printers, constructed with up to 30% recycled plastic. They aim to cut carbon emissions by 7.3 tons annually, highlighting HP's commitment to sustainability while delivering quality prints at a low cost.