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[4]: Comment by kaiwai
by zima on Sun 25th Nov 2012 08:38 UTC in reply to "RE[3]: Comment by kaiwai"
zima
Member since:
2005-07-06

(much like how everyone thinks they're a better football manager than their favourite club's manager)

Also, 80+% of drivers think they are above average ones.

Reply Parent Score: 2