HP Combats Slowing PC Sales With Commercial Printing Hardware
Where do you go after achieving your primary goal in life? Now that Hewlett-Packard (NYSE: HPQ) is bigger than Dell (NASDAQ: DELL), the company has found itself in a difficult position: the PC market is shrinking.
One way to deal with this problem is to simply tackle another market. CNNMoney reports that in 2009, HP increased shipments of commercial printing hardware by 44%.
Regardless, Bill Kreher, an analyst with Edward Jones, says that investors should expect a bumpy ride for the stock as the company shifts to a new leader.
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