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HP Expands Gaming Portfolio, Launches Dual Screen Laptop

Zacks Equity Research

HP Inc. HPQ recently introduced new gaming laptops in the OMEN series, which includes the world’s first dual screen gaming laptop, at the HP Gaming Festival in Beijing. Additionally, the company expanded in the gaming peripherals market by unveiling the HP Pavilion Gaming laptops.

The OMEN 15 and OMEN 17 laptops are 20% and 18% slimmer than previous versions, respectively. All three laptops are powered by an overhauled advanced thermal solution, OMEN Tempest.

Notably, the OMEN 17 laptop supports chips as powerful as NVIDIA’s NVDA GeForce RTX 2080, which enables realistic visuals. Moreover, processors such as Intel’s INTC 9th Gen Core i9 high performance mobile processor, powered by up to 32 GB of RAM, will ensure smooth multitasking capabilities.

Furthermore, HP announced several upgrades to its OMEN Command Center software by adding two powerful capabilities to enhance gamer experience and increase flexibility.

Moreover, the latest HP Pavilion Gaming 15 and HP Pavilion Gaming 17 laptops feature significant technological improvements, which enable chip support of up to NVIDIA GeForce GTX 1660 Ti, and processor of up to 9th Gen Intel Core i5/i7 high performance mobile CPUs.

This apart, HP launched the HP Pavilion Gaming Mouse 200 along with the HP Pavilion Gaming Mousepad 400 to optimize cursor movement and perfect aim.

Notably, HP started 2019 by launching the OMEN X Emperium 65 with Soundbar, among an array of other innovations. The company claims to take gaming experiences to new heights with OMEN x Emperium 65, which apart from NVIDIA’s G-SYNC HDR monitor boast OMEN X Emperium Soundbar.

Early this year, the company also took advantage of the latest available technology by refreshing two of its best-selling OMEN PCs, the OMEN 15, and OMEN Obelisk desktop.

OMEN X 2S Provides Competitive Edge

The most notable innovation, the OMEN X 2S, flaunts a dual screen and strong multitasking capabilities. The concept of a second screen emerged with the valuable insights of the Gaming industry, which showed that 82% of gamers use their mobile phones to message, 61% listen to music, and 49% browse other websites and watch videos online during gaming sessions.

The second screen will enable gamers to use WeChat and Whatsapp for messaging, browse Spotify SPOT, and watch YouTube and Twitch. The screen will also serve as a hub for OMEN Command Center software.

Last year, Asus announced Project Precog — an AI-powered dual screen notebook — which is expected to release later in 2019. In 2017, Razer had announced its triple-screen gaming laptop, which hasn’t released yet.

The dual screen gaming laptop, which will be available from June this year at $2099.99, will push HP ahead of its competitors.

With these notable announcements, HP demonstrates its efforts to create a well-engineered gaming ecosystem.

Moreover, the latest innovations and enhancements are likely to boost the company’s Personal Systems business, which is facing challenges due to Intel's CPU shortages. This makes us optimistic about HP’s prospects given the current sluggishness in the PC market where replacement has taken a backseat.

HP currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Long-term earnings growth rate for Verint is projected to be 11%, respectively.

HP Inc. Revenue (TTM)

HP Inc. Revenue (TTM)
HP Inc. Revenue (TTM)

HP Inc. revenue-ttm | HP Inc. Quote

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