February 18, 2005

HP to Get Aggressive on Printer Pricing

HP has vowed to get aggressive on printer pricing, which is good news for all of us. Ah, don't you love price wars?

"We are not satisfied with our consumer hardware performance in the first quarter, and we will take aggressive action to correct this in the coming quarter," said Vyomesh Joshi, who runs both HP's printer and PC businesses on a conference call with analysts on Wednesday.