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 Anonymous Penguin on Sat 24th Nov 2012 15:00 UTC in reply to "Comment by kaiwai"
Anonymous Penguin
Member since:
2005-07-06

Absolutely! They make (or used to make, as mine is at least 5 years old) decent printers, but apart from that everything else is crap.
Two years ago I bought a laptop, dv7 core i7 which had a nominal value of 1300 Euro.
One year later I sold it for 450 Euro. In the meantime I had bought a MacBook Pro. I knew there would be an incredible difference in quality, but that went even beyond my expectations. A Fiat Cinquecento vs. a Ferrari!

Reply Parent Score: 3