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HP confirms reorganization, PC and printer groups to merge

March 21st, 2012

Hewlett-Packard on Wednesday confirmed earlier reports of a major reorganization within the company. The firm plans to merge its Personal Systems Group, responsible for PCs, with its Imaging and Printing Group. Current boss of the company’s printer division Vyomesh Joshi will retire after 31 years at the company, and current PSG executive vice president Todd Bradley will …

HP to reportedly combine PC and printer divisions

March 20th, 2012

Hewlett-Packard will reportedly soon undergo a reorganization that will see its Personal Systems Group merged with its Imaging and Printing Group. AllThingsD cites multiple unnamed sources in reporting the news, and additional details are light for the time being. Vyomesh Joshi, currently the executive vice president in charge of HP’s imaging and printing business, will …

Looking back at 2011: HP kills, revives and then open sources webOS

December 29th, 2011

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 beats street in Q4; cautious outlook for 2012

November 21st, 2011

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 PC exec Phil McKinney announces his exit

November 1st, 2011

HP personal systems group (PSG) chief technology officer Phil McKinney announced recently that he will be retiring from the company. A few days ago, HP confirmed that it no longer had plans to spin off its personal systems group, an idea that was originally hatched by former CEO Léo Apotheker. “My time at HP started …

HP to decide fate of PC division this month

October 5th, 2011

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 …

HP may keep its PC business after all

September 20th, 2011

In a recent interview with CRN, HP chairman Ray Lane outlined situations in which HP may hang on to its PC business. “If we don’t make that decision [to spin off], it’s because of two things: We can’t offer a better proposition to customers and investors,” Lane said. “If we can’t it stays inside HP.” …

HP may resurrect TouchPad, head of PC business says

August 30th, 2011

On August 18th, HP announced that it was killing off its webOS devices business and considering a possible spin-off of its personal systems group (PSG). The head of HP’s PC business, executive vice president Todd Bradley, discussed the TouchPad and his company’s PC business with Reuters, explaining that a spin-off could be the “best value” …