HP dials down fiscal-year expectations as memory prices drive up costs

The computer and printer maker continues to face higher costs for the memory chips used in its computers.

HP: We Have to Raise Prices Because Memory Costs Shot Up 100% Last Quarter

Due to the shortage, the company also says that memory now accounts for 35% of a PC's total cost, up from 15% to 18% in the ...

HP says the memory chip crunch will be around for some time, also warns of PC sales slump

HP has revealed the cost memory now accounts for around one-third (35%) of its PC bill of materials, up from around 15-18% last quarter, making a seriously sharp increase. And worse still, the company ...

HP’s stock falls after management tempers full-year expectations amid soaring memory costs

Personal computer maker HP Inc. delivered solid fiscal first-quarter results that came in ahead of expectations today, but its stock was dropping in late trading after it provided a disappointing ...

HP warns that memory now makes up around 35% of the cost its PCs, double that of a year ago

In the meantime, it seems the memory crisis has yet to hit HP's bottom line. HP's personal systems division reported $10.3 billion revenue, up 11% year-on-year, while consumer PC sales were up by 14% ...