HP Inc. sees slowing PC demand in mixed Q3 earnings

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HP Inc. (HPQ) shares are falling this morning after the computer manufacturer showed mixed third-quarter earnings — narrowly missing on revenue of $13.2 billion while narrowly beating estimates with adjusted earnings of $0.86 per share. Yahoo Finance Live examines HP's revenue across segments and how slowing demand for PCs in consumer markets is hitting the company.

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Macrolens Chief Strategist and Managing Principal Brian McCarthy says that, as is, China is dealing with geopolitical concerns and an economy in transition. With that backdrop, the country is also experiencing "the biggest housing bubble we've probably ever seen has just blown up," which will be a drag on credit extensions and consumer confidence, McCarthy tells Yahoo Finance Live.

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