Items tagged with Apotheker
HP has just announced that it will write off $8 billion dollars worth of goodwill due to poor performance of its Enterprise Services sector. In highly related news, the previous head of that segment, Jim Visentin, has quit to "pursue other opportunities." The move is seen as a readjustment in value of the properties...
Read more...
HP CEO Meg Whitman is expected to announce a major shift in its business structure today. Henceforth, the Personal Systems Group (PSG), which includes consumer PC sales, and the Image and Printing Group (IPG) will be combined into a single business structure. The move is a curious one, given that it combines what's...
Read more...
The hard drive shortage, Oracle's assault on Itanium, and highly competitive scenarios in its ink-and-printer business combined to kneecap HP's earnings this last quarter. The company's net revenue fell seven percent, to $30 billion, while overall margins dropped to just 6.8 percent -- a decline of 3.7 percentage points. The steep decline...
Read more...
Weak consumer demand and a limited impact from the Thailand floods in the last part of the year drove PC sales down significantly in the US, while the global market saw a smaller 1.4 percent decline. The impact of the HDD shortage is expected to bite partly in Q1; while the floods hit in Q4, most manufacturers had...
Read more...
