Investors will also be watching HP's lucrative imaging and printing group--the company's most profitable business--for any signs of slackening demand for printersupplies.
In addition, we are concerned about printer demand and that the declines in printer hardware shipments will begin to affect supplies revenue over the next few quarters.
As laser printers push inkjet printers out, HP (the inkjet supplies market leader) will likely see a decline in its ink cartridge per printer sales until the shift away from inkjet stabilizes.