Key takeaways from HPE’s disappointing sales outlook

Moor Insights & Strategy Founder and CEO Patrick Moorhead reacts to Hewlett Packard Enterprise’s sales outlook on “Bloomberg The Close.” HPE said revenue will be between $9 billion and $9.4 billion and earnings, excluding some items, will be 57 cents to 61 cents in the period ending in January. Analysts, on average, projected sales of $9.88 billion and profits of 53 cents, according to data compiled by Bloomberg.