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Meg Whitman Confident Despite HP Stagnation

Meg Whitman Confident Despite HP Stagnation

By Sean Patterson November 27, 2014

HP this week released its fourth quarter 2014 and fiscal 2014 full-year financial results. The company reported quarterly revenue of $28.4 billion, down 2% from fourth quarter 2013. Full-year revenue was reported to be $111.5 billion, down 1% year-over-year. HP’s …

HP Out-Shipping Lenovo Notebooks For the Year HP Out-Shipping Lenovo Notebooks For the Year
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When this year’s second quarter financial results began to roll in, it became clear that PC shipments, including notebooks, were down for yet another quarter. The only company not largely affected seemed to be Lenovo, which overtook HP as the …

HP Predicted to Retake Notebook Lead From Lenovo HP Predicted to Retake Notebook Lead From Lenovo

The second quarter of 2013 was a bust for PC manufacturers. Shipments of desktop and notebook computers were down nearly 11% from the second quarter of 2012. Only Lenovo was able to weather the waning market, raising shipments year-over-year by …

HP, Microsoft Team to Get Businesses Off Windows XP HP, Microsoft Team to Get Businesses Off Windows XP

Over one decade from its release and three new versions of Windows past, Windows XP remains one of the most popular operating systems in the world – and for good reason. XP was a stable operating system with loads of …

HP Slate 7 Announced, Specs and Price Released HP Slate 7 Announced, Specs and Price Released

It seems that mini-tablets are the product that tech manufacturers have decided they need to sell in 2013. While Amazon’s Kindle Fire and Apple’s iPad Mini dominate the category, the new flood of 7-inch to 8-inch tablets announced at this …

Autonomy’s Former Execs “Welcome” FRC Investigation Autonomy’s Former Execs “Welcome” FRC Investigation

Back in November 2012, HP announced its dismal quarterly results and blamed around $5 billion of its $8.8 billion impairment charge on “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its purchase by HP in 2011. Autonomy …

HP Could Sell Off Divisions to Shore-Up Revenue HP Could Sell Off Divisions to Shore-Up Revenue

2012 was certainly a bad year for HP. The company saw its revenues fall and its stock price followed. Tens of thousands of planned layoffs have been announced, and ts last two quarterly reports have included write-downs of more than …

Can HP Survive the Post-PC Revolution? Can HP Survive the Post-PC Revolution?
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On November 20, 2012, Hewlett-Packard (HP) announced its second quarterly write-down of over $8 billion dollars in a row. That in itself is cause for alarm, but the fact that HP blamed the write-downs on two of its largest recent …

HP Announces New EVP of Enterprise Services HP Announces New EVP of Enterprise Services

Back in August, HP announced a huge $8 billion write-down stemming from the loss of value seen in Electronic Data Systems (EDS). HP bought the company in 2008 for $13.9 billion. As part of the announcement, the company sacked John …

Autonomy Founder Website Combats Fraud Allegations Autonomy Founder Website Combats Fraud Allegations

Autonomy founder Mike Lynch has been outspoken since HP leveled accounting fraud allegations against his former company. The executive, who left Autonomy earlier this year, has denied any wrongdoing and has shot back at HP, stating that mismanagement and infighting …

Autonomy Founder Issues Open Letter to HP Autonomy Founder Issues Open Letter to HP

Ever since HP’s announcement that it will take an $8.8 billion impairment charge, mostly due to what it calls “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its 2011 acquisition by HP, Autonomy founder Mike Lynch has …

Autonomy Founder Blames HP For Lost Billions Autonomy Founder Blames HP For Lost Billions

HP is seeing some massive blowback from its announcement that it has taken an $8.8 billion impairment charge, and that around $5 billion of it is due to ” serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy. HP purchased …

Autonomy Founder Fires Back at HP Amid Fraud Claims

The founder of enterprise search and knowledge management service company Autonomy is firing back at HP amid allegations that his company used sketchy accounting practices to inflate its value prior to its sale to HP in August 2011. In an …

HP Logs $8.8 Bil. Charge For Fraudulent Accounting HP Logs $8.8 Bil. Charge For Fraudulent Accounting

Just over one year ago, HP bought Autonomy, an enterprise search and knowledge management service company for $10.2 billion. Today, HP announced it would be taking an $8.8 billion impairment charge due to what it calls “serious accounting improprieties, misrepresentations, …

Hewlett-Packard to Cut 2,000 More Jobs Hewlett-Packard to Cut 2,000 More Jobs

Hewlett-Packard (HP) announced today that it would cut 2,000 more jobs than it originally reported back in May. This brings the total planned layoffs up to 29,000 by the end of fiscal year 2014. According to a Bloomberg report, a …

HP Beefs Up Its Enterprise Security Solutions HP Beefs Up Its Enterprise Security Solutions

Amid the spectre of job cuts and huge losses, HP seems to be reinventing itself. As many aging hardware manufacturers have, the company is beginning to restructure its business and focus its efforts on providing quality B2B enterprise solutions. Hewlett-Packard …

HP to Report Quarterly Loss of Over $8 billion HP to Report Quarterly Loss of Over $8 billion

HP hinted today that it expects to report the third quarter of 2012 as its largest-ever quarterly loss. The losses, which total more than $8 billion, are the affect of a restructuring program and a services goodwill impairment charge of …