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28 Oct 2011 09:00

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Biz, Tech: Hewlett-Packard’s Meg Whitman reverses her predecessor’s moves

  • The market was created by Apple. That doesn’t mean there couldn’t be a strong No. 2 player.
  • Hewlett-Packard CEO Meg Whitman • Reversing course entirely on two of former CEO Leo Apotheker’s key decisions as CEO — the departure of the tablet market (and the ensuing lulz) and the spinning off of the PC market. As for the latter, Whitman claims it would’ve been far too expensive — it would’ve cost billions and would’ve proven extremely inefficient. “If you try to hive a division off, it’s really hard because you almost have to recreate the whole thing,” she said. Will this be enough? source
Posted by Ernie Smith • 0 Comments • Permalink

22 Sep 2011 19:40

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Tech: Blame HP’s incompetent board for its recent CEO troubles

  • These guys are a bunch of clowns, surpassed in incompetence only by Yahoo’s board.
  • Ironfire Capital managing member Eric Jackson • Expressing frustration with the Hewlett-Packard board, which reportedly leaked the news of Leo Apotheker’s ousting, and subsequent replacement with former eBay CEO Meg Whitman, hours before the announcement was to be made. Not that Jackson is a big fan of Apotheker or anything. “Apotheker is the worst CEO hire in the last decade,” he says. But the problem is the process that led to his hiring — some messy rumors and an internal investigation led to the board dumping a pretty good CEO, Mark Hurd, and hiring Apotheker without even meeting him — meant that he turned out to be a horrible fit. Whitman at least has a shot at being good at this CEO thing, but the board sounds like the real problem. source
Posted by Ernie Smith • 0 Comments • Permalink

22 Sep 2011 12:47

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Biz: Meg Whitman reportedly on track to become HP’s new CEO

Many people compared Carly Fiorina and Meg Whitman during the 2010 election, due to their tech executive backgrounds and their high-profile rookie political campaigns. Soon, they’ll have another reason. source
Posted by Ernie Smith • 0 Comments • Permalink

30 Aug 2011 21:09

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Tech: Get this: Hewlett-Packard making more Touchpads to keep up with demand

  • The speed at which it disappeared from inventory has been stunning. We have decided to produce one last run of TouchPads to meet unfulfilled demand.
  • A statement from Hewlett-Packard • Revealing that the company’s late-round success with the HP TouchPad was enough that they’re going to produce more of them and sell them at fire-sale prices. Which is hilarious, and tells us all that the decision to stop selling them was perhaps a little too rash. Good work, HP! source
Posted by Ernie Smith • 0 Comments • Permalink

19 Aug 2011 11:11

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Biz, Tech: Hewlett Packard’s stock reflects yesterday’s poor decision-making

  • » Investors were NOT happy with the news: HP fell down to its lowest level in years — a level so low that they last time it was at this nadir, Carly Fiorina had just left the company. We think this should tell HP something — killing off the race horse (WebOS) immediately after it starts the race is terrible business strategy, and investors will not react kindly to this. That was your future, HP, and you blew it because you had no idea how to feasibly make it work.
Posted by Ernie Smith • 0 Comments • Permalink

17 May 2011 14:01

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Biz: Hewlett-Packard blames Japanese earthquake for problems

  • $5 the earnings per share Hewlett-Packard, the PC maker, expects to make by the end of the fiscal year; their shares are up from May 2010
  • $5.24 the earnings per share Wall Street expected; their stocks fell because of the predicted hardships that lie ahead for the company source
  • » A leaked memo from the CEO is to blame: The memo by Leo Apotheker caused the company’s stocks to fall. He cited the Japanese earthquake and weak PC sales as reasons to reduce hiring and prepare for another rough quarter. Even though their stocks are up from last year, they aren’t meeting market predictions, causing people to sell their shares in the company. Apparently, it’s causing the stock market to slow down overall. Yikes.
Posted by Justin Jones • 0 Comments • Permalink

09 Mar 2011 10:54

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Tech: HP’s making WebOS an option – for your laptop and desktop (Whoa!)

  • Need any more proof Windows will die someday? Well, here you go. Starting in 2012, HP will start offering WebOS on its PCs, allowing users to choose between Windows and the Web-oriented operating system. This is a huge step, because it means two major companies – Google and HP – are pushing away from the traditional Windows model. But HP’s corner-stoned on the model, so it’s even bigger than Google’s Chrome OS. This is huge. source
Posted by Ernie Smith • 0 Comments • Permalink
 

09 Feb 2011 20:10

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Tech: Give it up for Palm and HP: Their new WebOS lineup looks awesome

  • Today’s big winner? HP. Specifically its Palm unit. Today, they revealed a bunch of awesome WebOS products that could potentially get the also-ran back in the game. Above is a feature that the iPad can’t do with the iPhone, to the point that it created a whole cottage industry of apps (Instapaper, Read it Later) to make it happen. But the TouchPad can do this with a Pre, the Pixi, or the new baby brother, the Veer. If the iPhone or the Android were able to do this, it’d be a real game-changer. And reportedly HP is working on WebOS PCs, which would effectively be a more robust version of Google’s Chrome OS. So, yeah, this is a pretty stacked lineup, kids. The only real question we have: How much does this stuff all cost? source
Posted by Ernie Smith • 0 Comments • Permalink

27 Nov 2010 13:37

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Tech: The Incredible Apple Monster in process of eating Cupertino

  • 57 number of buildings Apple will be taking over from HP, who’s moving their campus elsewhere
  • 98 number of acres Apple will gain in the sale; with the purchase, they’re now Cupertino’s biggest landowner source
Posted by Ernie Smith • 0 Comments • Permalink

27 Nov 2010 11:58

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Tech: Laptop-buyers clearly preferring MacBooks over everything else

  • 36% of laptop buyers want a MacBook in the next 90 days, a jump of 11 percent from last month
  • 19% of laptop buyers are looking to buy a Dell laptop, down four percent from last month
  • 22% of laptop buyers want an HP laptop, also down four percent from last month source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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