HP

mobile
September 28, 2012
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HP reportedly plans to ‘aggressively attack’ smartphone and tablet markets

By on September 28, 2012 at 7:45 AM.

HP reportedly plans to ‘aggressively attack’ smartphone and tablet markets

HP Smartphone Tablet Analyst

Hewlett-Packard (HPQ) CEO Meg Whitman recently admitted that the company will “ultimately” offer another smartphone. The executive was reluctant to give further details, however recent reports claimed HP was testing a device on the Android operating system. In a research note to investors on Thursday, per ZDNet, Jefferies analyst Peter Misek said that he believes HP will “aggressively attack” the smartphone and tablet markets. The analyst notes that it is a risky investment, however. “While the move makes sense strategically, we see it as a high risk move,” Misek said. “On top of adding costs and working capital burdens to an already stressed balance sheet, there could be additional write-offs.” The analyst concluded his arguments by pointing out that nearly all PC manufacturers have failed to gain significant traction with consumer smartphones and tablets. The exceptions, of course, are fairly obvious. More →

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Computers
September 20, 2012
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HP continues Windows 8 barrage with ENVY m4 and Pavilion Sleekbooks

By on September 20, 2012 at 12:01 AM.

HP continues Windows 8 barrage with ENVY m4 and Pavilion Sleekbooks

HP Envy m4 Release Date

Hewlett-Packard (HPQ) is on a roll. The company unveiled a trio of ultra-portable Windows 8 machines late last month and then followed up with a trio of All-in-One Windows 8 PCs last week. Now, the company has announced a trio of upcoming Windows 8 notebooks alongside a number of business machines and accessories. Starting with the high-end HP ENVY m4 pictured above, this sleek Windows 8 laptop features the latest Intel Core i3 and i5 processors along with up to 8GB of RAM, as much as 1TB of storage and an in-built optical drive. The sleek laptop also sports a 14-inch high-definition display, Beats Audio and fingerprint security. More →

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mobile
September 17, 2012
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HP smartphone with HD display spotted running Ice Cream Sandwich

By on September 17, 2012 at 2:40 PM.

HP smartphone with HD display spotted running Ice Cream Sandwich

HP Android Smartphone Rumor

Hot off news that Hewlett-Packard (HPQ) will take another stab at building a smartphone, SlashGear has learned that the company is already testing a device code-named “Bender” running Android 4.0 Ice Cream Sandwich. Alleged benchmark tests reveal that the Bender has a Qualcomm S4 dual-core processor clocked at 1.5GHz and a display with a 1366 x 720-pixel HD resolution. Not much else is known about the smartphone aside from those two key specs, but it seems to be clear that HP is done with webOS smartphones. It’s a dark time to jump onto the Android bandwagon, though, especially with all of the patent lawsuits being tossed around; it might have been smarter for HP to consider Windows Phone 8 over Android, as it would be able to integrate such a smartphone with its upcoming family of Windows 8 PCs. More →

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Computers
September 17, 2012
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HP CEO admits company’s laptops feel like ‘bricks,’ vows to learn from Apple

By on September 17, 2012 at 1:50 PM.

HP CEO admits company’s laptops feel like ‘bricks,’ vows to learn from Apple

HP CEO Whitman

Samsung (005930) isn’t the only company that’s trying to learn from Apple’s (AAPL) design prowess. The Wall Street Journal reports that HP (HPQ) CEO Meg Whitman now admits that her company’s laptops in the past have felt more like “bricks” and that the company in general hasn’t “kept up with the innovation” in terms of making its laptops thinner and more attractive. In response to this challenge, the Journal says that HP “has reorganized and nearly doubled the size of its PC design team to 60 people and has opened two new design centers.” Whitman also acknowledged that Apple “taught us that design really matters” and said that the company is taking a long-term approach to building its own stylish PCs to compete with Apple’s MacBook Air and MacBook Pro lines. More →

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mobile
September 14, 2012
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HP CEO admits company will eventually offer another smartphone; no interest in BlackBerry 10

By on September 14, 2012 at 10:40 AM.

HP CEO admits company will eventually offer another smartphone; no interest in BlackBerry 10

HP Smartphone Release

Hewlett-Packard’s (HPQ) first attempts at the mobile market didn’t fare well. CEO Meg Whitman revealed in an interview with Fox Business News, however, that the company will have to “ultimately” offer another smartphone. Whitman gave no timetable on the device, although she noted that HP must “get it right” this time around and cannot rush things. The CEO also openly admitted that the company was not interested in buying or licensing the BlackBerry platform from Research in Motion (RIMM), noting that it was not the direction it was going to head. HP purchased Palm for $1.2 billion in April 2010 in the hopes of entering the smartphone market. The acquisition turned out be a disaster and after a number of failed products, HP killed off its webOS platform in August 2011, only to open-source the operating system the following December. More →

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Business
September 10, 2012
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HP increases the number of coming job cuts to 29,000

By on September 10, 2012 at 5:50 PM.

HP increases the number of coming job cuts to 29,000

HP Layoffs 2012

Earlier this year, Hewlett-Packard (HPQ) announced that it would cut 27,000 jobs, or 8% of its workforce, in an attempt to restructure the company and cut costs. According to an SEC filing on Monday, however HP has increased its number of projected layoffs to 29,000, ZDNet reports. The company said that its multi-year restructuring plan aims to “simplify business processes, accelerate innovation and deliver better results for customers, employees and stockholders.” HP said in its latest filing that it had already cut 3,800 jobs through the end of July, the majority of which were from the enterprise service group. The layoffs will continue through the 2014 fiscal year and are expected to save the company more than $3 billion. More →

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Computers
September 10, 2012
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HP bulks up its incoming Windows 8 lineup with four new All-in-One PCs

By on September 10, 2012 at 12:01 AM.

HP bulks up its incoming Windows 8 lineup with four new All-in-One PCs

HP Windows 8 All-in-one Release Date

Hewlett-Packard (HPQ) unveiled a pair of sleek ultrabooks and a gorgeous convertible tablet late last month as its Windows 8 lineup for this holiday season began to take shape. That was only the beginning, however, and HP moved from notebooks to desktops on Monday as it announced four new All-in-One Windows 8 computers that will launch beginning in October. More →

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Computers
August 30, 2012
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HP comes out swinging with Windows 8; unveils ENVY x2 hybrid, Spectre XT and TouchSmart Ultrabook 4

By on August 30, 2012 at 12:01 AM.

HP comes out swinging with Windows 8; unveils ENVY x2 hybrid, Spectre XT and TouchSmart Ultrabook 4

HP Envy X2 Release Date

Hewlett-Packard (HPQ) posted a $8.9 billion loss last quarter thanks to a massive charge the company took related to its 2008 acquisition of Electronic Data Systems, but it actually managed to beat Wall Street’s consensus excluding that charge. The struggling PC vendor still has plenty of work to do, however, and it has plans for an arsenal of Windows 8 devices that will be second to none. Starting things off, HP on Thursday unveiled three new Windows 8 machines that will bring unique features, sleek designs and a wide range of price points to the Windows 8 landscape later this year. More →

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Business
August 22, 2012
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HP posts $8.9 billion Q3 loss, lowers full-year guidance

By on August 22, 2012 at 4:50 PM.

HP posts $8.9 billion Q3 loss, lowers full-year guidance

HP Q3 2012 Earnings

Hewlett-Packard (HPQ) on Wednesday reported its third-quarter earnings, falling somewhat in line with Wall Street’s expectations. Analysts expected the computer giant to report revenue of $30.1 billion and earnings of $0.98 per share excluding one-time charges, and the company posted a profit of $1.00 per share on sales of $29.7 billion, representing a 5% drop from the third quarter of 2011. Including the charge the company took related to its 2008 acquisition of Electronic Data Systems, however, HP posted a massive $8.9 billion loss in the third quarter. The struggling PC vendor also lowered its full-year earnings guidance by $0.03 to a range of $4.05 to $4.07 a share, excluding one-time items. More →

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Computers
August 15, 2012
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Survey finds Apple desktops are the least likely to fall apart

By on August 15, 2012 at 4:25 PM.

Survey finds Apple desktops are the least likely to fall apart

Mac PC Reliability Study

Consumer Reports on Wednesday put out a big survey of thousands of desktop users and found that Apple’s (AAPL) desktops were the least likely to need serious repairs. According to the survey, just 7% of Apple desktop users reported having major repair needs for their machines, followed by 10% of HP (HPQ) desktop owners, 11% of Dell (DELL) desktop users and 13% of Gateway users. Consumer Reports says it conducted its survey by asking “readers who bought 8,007 desktops from 2009 through the first half of 2012 about their experiences.” More →

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Tablets
August 15, 2012
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HP declines to join the Microsoft Surface hate parade

By on August 15, 2012 at 2:10 PM.

HP declines to join the Microsoft Surface hate parade

Microsoft Surface Praise

At least one Microsoft (MSFT) OEM partner seems to realize that there’s no point in bellyaching over Microsoft’s decision to build its own tablet. CRN reports that John Solomon, the senior vice president of sales for HP’s (HPQ) Americas division, doesn’t see the Surface as a threat to Windows OEMs and instead thinks that the Surface is simply a benchmark for other manufacturers to follow when making their own devices. More →

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Business
August 15, 2012
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Zombie webOS resurrected in HP’s new ‘Gram’ business

By on August 15, 2012 at 12:05 PM.

Zombie webOS resurrected in HP’s new ‘Gram’ business

HP webOS Gram

It’s hard to keep an undead mobile operating system down. webOS Nation reports that HP (HPQ) is forming a new company called Gram that is dedicated to “leveraging the core strengths of webOS, Enyo and our cloud offerings.” As the site notes, the founding of Gram means that HP will not be using webOS for consumer electronics anymore and will instead use it for its enterprise products including “software, user experience, the cloud, engineering, and partnering.” However, there’s still no official word on what the company’s offerings will be, and webOS Nation says that current webOS employees “are being advised that they can talk to friends and family about Gram, but strangers are to be told that ‘Gram is a new company. We are in stealth mode on our product offering.’ ” More →

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Business
August 10, 2012
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Analysts dub HP the ‘comeback kid’ despite imminent $9 billion quarterly loss

By on August 10, 2012 at 7:40 AM.

Analysts dub HP the ‘comeback kid’ despite imminent $9 billion quarterly loss

HP Financial Outlook

No, reporting a $9 billion quarterly loss is never a good thing. But AllThingsD is reporting that many analysts think HP (HPQ) is still well-positioned to compete in the near future, and argue that the quarter’s massive loss was unavoidable as the company needed to air out missteps made on former CEO Leo Apotheker’s watch. Noted analysts Amit Daryanani of RBC Capital Markets and Shaw Wu of Sterne Agee, for example, both thought that HP would outperform expectations in the coming quarters now that the company had already weathered the worst in terms of both layoffs and the multibillion dollar write-down charges it has incurred from its 2008 Electronic Data Systems acquisition. “This raise is surprising given the consensus negative view and expectations of a potential miss,” wrote Wu. “We view restructuring as a positive as the company is taking steps to clean up its balance sheet and reignite growth.”

More →

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