HP Inc. HPQrecently made a few important announcements regarding its strategic initiatives in line with the industry’s evolution at one of its most significant partner event, Executive Forum 2018, in the Americas.
The announcements included the incorporation of “premium features and expressive designs into its convertible, notebook and desktop PCs”.
Additionally, HP announced the expansion of its “A3 multifunction printer line, now including new PageWide A3 skus for both transactional and contractual channels with external finishing”. It entered into a partnership with ImageNet Consulting, LLC for improvement of efficiency of A3 product line as well.
Notably, post the split from the parent company — Hewlett-Packard Company — in November 2015, HP has been focusing on product innovation & differentiation, pricing, and marketing and sales activities to trigger demand for its PC and Printing products in the market. The company has generated high returns for investors over the past year.
In a year's time, the stock has appreciated 18.7% outperforming the S&P 500's gain of 13.8%.