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HP Announces Fiscal 2016 Financial Outlook

HP said that it expects to see a soft PC market for several quarters and “near-term market headwinds” over the period. The PC company intends to boost its commercial market share by offering “a cost focus coupled with great design and innovation” along with better segmentation. The company said the “Sprout” product (3D @ TCEA) is generating a lot of interest and that it wants to get into immersive technologies. A webinar is viewable at www.hp.com/investor/SAM2015.