HP CEO: Printed pages are down 20% since pandemic

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And customers are sweating their hardware assets for longer

Fewer and fewer pages are being printed at home and in the office, posing something of a challenge for HP and its rivals.

"I use pages as a proxy because, depending on what happens with pages, happens eventually with devices. Before the pandemic, our estimates were that we were expecting to see a 20 percent reduction of printing. And actually, we were looking at the numbers ... and this is more or less where we are." The industrial customer base was"impacted during the last two or three years by a reduction of capital investments," but recovery is showing up, with those customers printing more labels and packaging.HP can't force customers to print more – the cost of doing so both financially and in terms of the environment are contributing factors. Yet over the

 

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