HPE Has ‘Tough’ Quarter With 16% Sales Drop

Hewlett Packard Business shares dipped in soon after-hrs trading Thursday soon after the computing big claimed a sixteen% fall in quarterly revenue, reflecting supply chain disruptions triggered by the coronavirus pandemic.

HPE’s revenue for the next quarter declined to $six billion from $7.one billion in the 12 months-back time period. Analysts experienced predicted product sales of $six.33 billion.

The enterprise also posted a internet reduction of $821 million, or 64 cents a share. Following changes for a single-objects, it acquired 22 cents a share, lacking estimates of 30 cents a share.

“This was a difficult quarter by each measure and

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HPE, Dell Point the Finger at Western Digital

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Not patched by Oct 2020? Your drives could get bricked…

Several Stable-Point out Drives (SSDs) built by SanDisk endure from a flaw that can see them wiping out almost everything stored on them at forty,000 several hours (4 years) — with HPE nowadays joining Dell in naming SanDisk operator Western Digital as liable for the bug, which has observed program directors scramble to locate and take care of influenced servers.

Neglecting to get a firmware take care of in “will result in generate failure and info loss at forty,000 several hours of procedure and have to have

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