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HP Profit Surges as PC Business Remains Strong

An upswing in the personal-computer market helped HP Inc. more than double its profit in the latest quarter, and the company signaled strong growth in technology spending from corporate clients and consumers in 2019.

The printer and personal-computer giant, born from the 2015 split of Hewlett Packard, said its fourth-quarter profit was $1.45 billion, or 91 cents a share, compared with $660 million, or 39 cents a share, a year earlier.