Forgot your password?

Close
typodupeerror
Businesses

+ - HP struggles with the dynamic changes in tech->

Submitted by symbolset
symbolset writes "In what some may see at the failure of a massive tech giant to turn fast enough with the market, Bloomberg is reporting that HP reported a 44 percent drop in holiday quarter profits today against the year-ago quarter. Sales of home computers fell 25 percent. Servers, storage and networking fell 10 percent. New CEO Meg Whitman forecast "a multi-year turnaround." HP struggled to find direction under short-term CEO Leo Apothaker, and hasn't really been on firm footing since the scandal-ridden board ouster of Mark Hurd — who had turned the company around from a previous decline."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

HP struggles with the dynamic changes in tech More

HP struggles with the dynamic changes in tech

Comments Filter:

No one wants war. -- Kirk, "Errand of Mercy", stardate 3201.7

Close