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...
In the wake of HP's announcement that it intends to investigate a PC spin off, the company has discovered one of the downsides to being the market leader: It's hard to find a buyer. Samsung has recently announced it has no interest in acquiring HP's PSG (Personal Systems Group). While Samsung's own PC business is quite healthy,...Read more...