International Data Corp. released a report Wednesday which showed that personal computer sales dropped by 14 percent during the first 3 months of the year. The decline was the largest recorded.
Hewlett-Packard (HPQ) held its position as the largest global PC supplier, despite a 24 percent decline in sales during the quarter. The stock is now down 0.39 on 103K shares after the bell.
Hewlett-Packard traded in a narrow range for the majority of Wednesday's session and closed up by 0.10 at $22.32.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.