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: I'm not dead yet!
by zima on Sun 25th Nov 2012 08:47 UTC in reply to "I'm not dead yet!"
zima
Member since:
2005-07-06

IMHO, HP faces two real problems. The first is the changing nature of the computer business. Many of the products that HP sells today have reached the peak of their popularity. I don't see desktops and laptops going away, but there's no more growth there.

There's plenty of room for growth in emerging markets (of course, Lenovo is likely positioned for that much better than HP)

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