HP, Dell riding high on huge surge in PC demand

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PC sales recovered from a seven year slump during the last quarter of 2019 but now remote working and distance learning have led to a huge surge in PC demand with both HP and Dell beating Wall Street estimates.

HP recently reported better-than-expected third quarter financial results fueled by strong notebook sales during the pandemic. In fact, the total number of notebooks shipped during the quarter grew by 32 percent year-over-year with more than half of the company’s revenue for the quarter coming from notebooks.

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