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HP Reports Positive Earnings For Fiscal Year 2013

HP Reports Positive Earnings For Fiscal Year 2013

By Sean Patterson November 27, 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 …

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 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 …

Can We Blame Social Sites For HP’s Restructuring? Can We Blame Social Sites For HP’s Restructuring?

Over the next couple years, print giant Hewlett Packard will scale back their workforce by as much as 8%, or 27,000 people. It is all part of a massive initiative to restructure the way the company does business, and to …

HP Job Cuts: Company Announces 27,000 HP Job Cuts: Company Announces 27,000
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HP announced a massive restructuring today, which it says will generate annual savings of $3.0 to $3.5 billion (exiting fiscal year 2014). These savings will be reinvested back into the company, HP says. The restructuring comes at the cost of …

The sketchy leak shows off the "HP Slate 8" The sketchy leak shows off the "HP Slate 8"

Brad Sams over at Neowin is reporting that the above slide is a real leak from part of an HP slide presentation. It depicts a mock-up of the “HP Slate 8,” a 10.1-inch tablet running Windows 8′s Metro user interface. …