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Lenovo India sales fall 12% in FY23 as Indian PC market declines, ET Telecom

Industry executives said this is a reflection of the overall fall in PC demand in FY23 post the Covid peak in sales then due to work and study from home and also due to high inflation impacting consumption. In the FY23 annual report filed to RoC, Lenovo India managing director Shailendra Katyal said the company’s “PC business navigated global uncertainties, supply chain disruptions, inflation and high interest rates.”
Mohit Yadav Bharath Shenoy Shailendra Katyal While Hp Inc International Data Corporation Registrar Of Companies Ro

Lenovo India sales fall 12% in FY23 as Indian PC market declines

Industry executives said this is a reflection of the overall fall in PC demand in FY23 post the Covid peak in sales then due to work and study from home and also due to high inflation impacting consumption. In the FY23 annual report filed to RoC, Lenovo India managing director Shailendra Katyal said the companys “PC business navigated global uncertainties, supply chain disruptions, inflation and high interest rates.”
Mohit Yadav Bharath Shenoy Shailendra Katyal Registrar Of Companies Ro While Hp Inc International Data Corporation

Dell Becomes One Of The Early Generative AI Winners

Last week, Dell Technologies Inc (NYSE: DELL) had its best stock market day since its 2018 return to the public market after it reported its fiscal second quarter results. Despite a revenue decline, Morgan Stanley named the computer maker as its top hardware pick, dethroning Apple Inc (NASDAQ: AAPL) as Dell emerged as an early winner of the Generative AI momentum. While HP Inc (NYSE: HPQ) lost its ground on soft guidance with its shares falling 6.6% upon the report on Tuesday, Dell shares surged
Apple Inc Partnership With Nvidia Morgan Stanley Nvidia Corporation Dell Technologies Inc While Hp Inc
Source: yahoo.com

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