HP Inc. discusses new strategy
interview with CEO, Enrique Lores
- created new organization focused on consumer subscriptions
- “Our long term goal is to ultimately offer the HP portfolio as a subscription”
- Have a subscriptions team that well be driving that across the company
- Subscriptions will include printers/MFPs and PCs
- Claims that it now has 12 million consumers signed up to InstantInk subscription (but did not give revenue or profit generated)
- Printer/MFP supply chain and component shortages to persist into at least the second quarter of 2023
- Is not expecting a significant economic recovery during 2023