To understand what an unholy mess HP (HPQ) is in right now, consider that CEO Meg Whitman says she needs more time to fix the company than she would have had to fix the entire California economy if she’d been elected governor. In a long Businessweek article about HP’s current turmoil, Whitman says that it …
Glassdoor on Friday revealed its latest list of the “Top 25 Highest Rated CEOs of 2012.” Apple’s Tim Cook took the top spot with a 97% approval rating, leading Ernst & Young’s Jim Turley, Qualcomm’s Paul Jacobs and Google’s Larry Page. “I think leadership is doing an amazing job,” said one Apple employee. “We have …
Hewlett-Packard CEO Meg Whitman on Thursday said that the company has a bright future ahead, although it will take some time to rebuild after a year of disappointment, reports The Wall Street Journal. Within two to three years, Whitman expects the company to best be known for cloud computing, security and tools that help businesses …
Though Hewlett-Packard was unable to produce webOS devices that consumers were interested in buying — at a positive margin, at least — CEO Meg Whitman still thinks the beleaguered platform has legs. After unsuccessfully trying to sell or license webOS, HP decided late last year to donate its $1.2 billion platform to the open source community. The …
There’s no question about it: HP made one of the biggest blunders of the year when it comes to how the company handled Palm and webOS. During the past 12 months, HP relieved one CEO who was hired less than a year earlier in October 2010, killed off its webOS hardware, hired another CEO, brought …
HP announced on Friday that it will open-source its webOS mobile operating system, which once upon a time powered smartphones and a single tablet. Even though the company said quite some time ago that it was killing off it webOS hardware efforts, HP CEO Meg Whitman said in an interview with The Verge on Friday that HP …
HP reported its fiscal fourth-quarter and full-year earnings on Monday, noting net revenue of $32.3 billion for the quarter, down 3% year-over-year. HP’s diluted earnings per share of $1.17 in the fourth quarter was also down 12% year-over-year. Fiscal 2011 GAAP net revenue was $127.2 billion, up 1% from the $126 billion HP reported in …
HP is reportedly holding a meeting Tuesday night during which it may decide the fate of its webOS mobile platform, The Verge reported on Tuesday. The meeting will take place after the market closes and will be led by CEO Meg Whitman at 4:30 p.m. PST. According to Reuters, HP has been toying with the idea …
HP said earlier this year that it was planning to kill off its webOS hardware business, and reports suggested it was planning to sell the division to another company or that it might use the mobile operating system for smaller side projects. The Guardian reported on Friday that HP may kill off the division entirely and …
HP’s newly appointed CEO Meg Whitman said the company will decide this month whether or not it is going to spin off its personal systems group (PSG). “We have to make a final decision about what to do with the PC division,” Whitman said. “It’s a decision I want to make much faster than my …
