H-P (HPQ) -1.6% AH after Microsoft reports Windows division OEM sales fell an adjusted 15% Y/Y...

|About: HP Inc. (HPQ)|By:, SA News Editor

H-P (HPQ) -1.6% AH after Microsoft reports Windows division OEM sales fell an adjusted 15% Y/Y in the June quarter, thanks in large part to a 20%+ consumer sales drop, and guides for OEM sales to fall at a "mid-teens" Y/Y rate in the Sep. quarter. Gartner and IDC have already estimated Q2 PC shipments fell a double-digit Y/Y rate.