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.
Permalink for comment 543079
To read all comments associated with this story, please click here.
RE[2]: Comment by kaiwai
by kaiwai on Sat 24th Nov 2012 07:36 UTC in reply to "RE: Comment by kaiwai"
kaiwai
Member since:
2005-07-06

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.


That is what 'a small fortune' means - they're expensive which you reenforced in your own post. We need colloqualisms 101 on osnews.com asap.

Reply Parent Score: 3