Lenovo has become the world's top supplier of PCs, according to the latest market data from Gartner. Lenovo took the top spot for worldwide PC shipments for the first time in its history, with its global share increasing to 15.7%, putting ...
Tags: Lenovo, HP, Gartner, aggressive position
HP has lost its title as the world's biggest PC vendor after new quarterly figures from analyst group Gartner showed that it had been overtaken by rival Lenovo. According to Gartner's figures,Lenovo edged ahead in the third quarter with a ...
Tags: HP, world's biggest PC, Lenovo, Gartner
Even though an upbeat U.S.government jobs report caused shares of some companies to jump Friday,tech vendor stocks faltered on the back of mixed quarterly reports. Tech vendor financial reports this week painted a portrait of the state of ...
Tags: PC, Share, HP, Samsung, Wall Street
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
Hewlett-Packard(HP)CEO Meg Whitman has unveiled a five-year turnaround plan for the troubled enterprise IT company,admitting the turnaround would take longer than expected. Speaking at an analyst briefing,she said:"We have to focus on ...
Tags: Meg Whitman, HP, turnaround plan, drive its business strategy, CRM system
Hewlett-Packard CEO Meg Whitman says she won't be able to say whether she has completely turned this company around until 2016. That was Whitman's message Tuesday to financial analysts in a presentation that was part history lesson,part ...
Tags: HP, Meg Whitman, internal IT systems, computer
Hewlett-Packard has outlined a turnaround plan that includes slashing the number of PC models it sells by 25 percent over the next two years. At its financial analyst day in San Francisco on Wednesday,HP also painted a weak financial ...
Tags: HP, cut PC models, stock price, Meg Whitman
Hewlett-Packard's layoff just got a little bigger. The company, in a U.S. Security and Exchange filing, said it will eliminate 29,000 positions, an increase of 2,000. In May, HP announced plans to cut 27,000 employees by 2014, or about ...
Tags: USA, HP, Layoff, computer industry
HP has announced the appointment of Robert Youngjohns to run its Autonomy software arm,ending a search that began in June after the sudden departure of Autonomy founder and CEO Mike Lynch. Youngjohns previously worked at Sun ...
Tags: HP, Autonomy, Youngjohns, PC
HP, the world's largest PC maker, has posted a record quarterly loss and reported slumping sales for personal computers, printers and associated business services. The third-quarter loss of US$8.86 billion includes a writedown for the ...
Tags: PC maker, HP, quarterly loss, Windows 8 software, durability features
IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
Computerworld - HP CEO Meg Whitman is telling the company's India workers that they won't be hit by HP's plans to cuts its global workforce. In India, Whitman was interviewed by the Economic Times, and said this: "We are not reducing our ...
Tags: HP, Protection, India, layoffs
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch
HP has appointed consumer health firm Kimberly-Clark's CIO Ramón F.Baez(pictured)as its new senior vice-president and global chief information officer. Baez will start on 20 August and report to John Hinshaw,who is executive vice ...
Tags: HP, CIO, global, information technology strategy
HP is braced for massive job losses next week.Reports say that 8-10%of the workforce,representing 25-30,000 people,could be laid off or offered early retirement. Meg Whitman,HP CEO,who tried and failed to become the Governor of ...
Tags: HP, massive job cuts, Meg Whitman, computer sales