Linked by Howard Fosdick on Fri 23rd Nov 2012 14:03 UTC
In the News Hard to believe, but articles are popping up at business websites claiming that venerable Hewlett-Packard may fail. In their most recent fiasco, HP wrote off a loss of $8.8 of their $11.1 US billion acquisition of Autonomy and have alleged fraud in the deal. Revenue is down 7% from a year ago and the stock has hit a 10-year low. The company is laying off 27K employees but that may not be enough. Some speculate HP might be broken up into parts with buy-outs involved. This article from last May offers a good in-depth analysis of how all these problems came to pass.
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RE: Comment by kaiwai
by allanregistos on Sat 24th Nov 2012 04:54 UTC in reply to "Comment by kaiwai"
allanregistos
Member since:
2011-02-10

Why is this surprising? crap laptops of poor quality, desktops with low quality out of date components, printers whose ink cost a small fortune, .


I do not find their ink/cartridges to cost a small fortune. Am I missing something? But I already decided to go to EPSON, because HP's ink/cartridges are very expensive and cost prohibitive. And every month, they've got this new model of their disposable printers. We even have a large designjet printer where the Hard Drive was broken and it can't be replaced even if you dd/cloned it because it needs the genuine part number. Sigh. Such a great company.

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