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All Posts Tagged Tag: ‘Hewlett-Packard’

Carly Fiorina Expected to Declare Candidacy for Republican Presidential Nomination

Carly Fiorina, former CEO of Hewlett-Packard, is expected to declare her candidacy on Monday for the Republican presidential nomination. NPR reports she will likely do so via video. Fiorina served as a surrogate in John McCain’s 2008 Presidential campaign, and in 2010 she ran for the U.S. Senate from California, losing out, however, to Democratic incumbent Barbara Boxer. The first …

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Meg Whitman Confident Despite HP Stagnation

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 lackluster 2014 financial results were not unexpected, and the company hit both its GAAP and non-GAAP diluted net share earnings …

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HP 3D Printers: Multi Jet Fusion Coming in 2016

Like many PC manufacturers HP has been struggling in recent years. As consumers began to embrace portable computing devices such as smartphones and tablets, PC makers have seen sales of desktop and notebook PCs dwindle. When HP’s mobile device initiatives failed to have a significant impact on sales the company put its focus on the enterprise solutions market and big …

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HP Is Breaking Up Into Two Companies

Last week, it was eBay announcing a break-up of its business with eBay and PayPal becoming two separate public companies. This week, it’s HP. Hewlett-Packard announced that it too will split up into two public companies – Hewlett-Packard Enterprise and HP Inc. The former will focus on servers, storage, networking, converged systems, services, software, and its OpenStack Helion cloud platform. …

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HP Reports Positive Earnings For Fiscal Year 2013

Following a series of dismal earning reports, HP is finally showing signs that it is on the right track. The company today announced its fourth quarter results along with its fiscal year 2013 results. During the fourth quarter HP managed to take in just over $29 billion. Though this number is 3% lower than its fourth quarter 2012 revenue, the …

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HP Shifts Leadership as Revenue Drops

Along with its third quarter 2013 results, HP this week announced that it is shuffling around its executive management. The company’s current COO, Bill Veghte will soon be the EVP and general manager of HP’s Enterprise division. According to HP, current Enterprise head Dave Donatelli will “take on a new role focused on identifying early-stage technologies…” HP’s Marketing and Communications …

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HP Out-Shipping Lenovo Notebooks For the Year

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 world’s top notebook manufacturer. Lenovo’s shipments dropped only 0.6% year-over-year, while HP saw a 4.8% notebook shipment decline in the …

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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 19.7% and overtaking HP as the world’s top PC manufacturer. Now it appears that HP is poised to take its …

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HP, Microsoft Team Up 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 software support and years worth of updates. It was exactly what both businesses and consumers needed to accomplish their work, …

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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 week’s Mobile World Congress will soon be lost to time as newer versions of popular tablets are announced. The latest …

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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 founder Mike Lynch shot back at HP immediately, starting a website and issuing an open letter accusing HP of mismanagement. …

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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 8 billion dollars. It’s not clear anymore that HP can survive the changing consumer PC market, even by simply acquiring …

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