HP delivered 9 percent more laptops in recent months than last year

HP shipped 9 percent more laptops in the quarter than in the same quarter last year. Turnover from laptops rose by only 2 percent, because the price per laptop is lower than a year ago.

HP has been dependent on which components are available and, in particular, shortages at Intel caused the lower yield per delivered laptop; presumably HP was able to produce fewer of its more expensive laptops than the company would have liked. The number of desktops delivered increased by 5 percent. HP does not disclose exact numbers.

The number of printers delivered fell by 10 percent. That’s mainly because it has raised prices and wants to make more money with subscription printing services, such as Instant Ink for consumers.

In the notes to the quarterly results, top executives of the company declined to comment further on Xerox’s rejected offer. HP declined because of the “uncertain nature of the proposal.” In addition, the company found the offer too low and not in the interest of shareholders.

HP’s revenue was around $15 billion, about the same as the same period a year ago. Profits came in at $388 million, about three quarters less than the same period last year.