Not Again: HP Says More Price Hikes Are Coming, Blames Memory Shortage

Even though HP's unit sales were down 16% year over year, its revenue this quarter was up as it prioritized more premium products. The worsening memory shortage is forcing HP to roll out more price hikes. "We have been increasing pricing. We expect to continue to increase pricing as input costs rise,” HP CFO Karen Parkhill said in an earnings call on Wednesday. HP warned about price hikes …