Lores On The Record
As demand for PCs continues to surge during a time of industry-wide component shortages, HP Inc. is grappling with a massive backlog on PC orders. In an interview with CRN on Friday, HP CEO Enrique Lores detailed how the company is dealing with its roughly $10 billion PC backlog and the outlook for the situation improving for partners.
At the end of HP’s current quarter in late October, “we expect to be—fortunately and unfortunately—at a similar level” in terms of backlog, Lores said. Through measures focused on securing key components, “you will see a gradual improvement over the next quarters,” he said during the interview at HP’s headquarters in Palo Alto, Calif.
The wide-ranging interview also included a discussion of HP’s planned acquisition of remote computing firm Teradici, the Windows 11 rollout, Apple’s push for business customers and HP’s strategy around processors. Held ahead of the virtual HP Reinvent partner conference on Thursday, other topics covered by Lores included expanding HP’s Instant Ink subscription service to SMBs, the company’s 3-D printing business, the shift to hybrid work and the next phases for HP’s print and personal systems businesses. read the rest here