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.
Thread beginning with comment 543098
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE: I'm not dead yet!
by viton on Sat 24th Nov 2012 14:50 UTC in reply to "I'm not dead yet!"
Member since:

HP tried to make a play for phones and tablets with Palm/WebOS, and failed.
1) they released a non-compatible tablet WITHOUT the software
2) quickly ceased production/development and sold the remaining stock under production cost

Hit & Run strategy

Reply Parent Score: 5