During its FQ1 earnings call, H-P (HPQ) struck a mildly positive tone about U.S. demand, but...

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

During its FQ1 earnings call, H-P (HPQ) struck a mildly positive tone about U.S. demand, but less so about Europe. The company also talked about how a decline in photo printing (no doubt due to web-based sharing) is hurting sales for its cash-cow printing division, and about how its current cost base is unsustainable. The latter suggests major layoffs could soon arrive. HPQ -0.8% AH. (live blog)