Computer sales rebounded after a seven-year slump in the final quarter of 2019, but remote work and distance learning have now led to a surge in demand for computers, with HP and Dell beating Wall Street estimates. . HP recently posted better-than-expected third-quarter financial results, driven by strong laptop sales during the pandemic. In fact, the total number of laptops shipped in the quarter increased 32% year over year, with more than half of the company's revenue for the quarter coming from laptops. HP's non-GAAP earnings per share were 49 cents on revenue of €14.3 billion, down 2,1% from the same period last year. However, analysts were forecasting earnings of 43 cents per share on revenue of €13,3 billion. In a statement, HP CEO Enrique Lores provided more insight into the company's strong third-quarter results, saying: “Our strong third-quarter results and strong pace of the quarter, in the face of unprecedented uncertainty, reflect the agility of our teams and the strength of our portfolio. We leverage our leadership in the consumer and business markets to capitalize on opportunities, from the PC's critical role in the era of remote work and education to the rise of subscription-based business models to enable greater flexibility. Our diversified portfolio and disciplined execution drive our performance and we are well positioned to deliver continued value creation. "