HP has made up its mind: New CEO Meg Whitman announced Thursday the PC business is sticking around, at least in the short term. The company had been pondering whether to continue selling personal computers. Earlier this year, under the leadership of then-CEO Leo Apotheker, HP said strategic options such as a sale or spin-off were on the table for the $40.7 billion division, which was responsible for about a third of the company’s revenue last fiscal year. It’s a decisive move for HP, currently struggling with a frustrated bunch of investors.
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HP: About That PC Spin-off Idea ...
Posted by: Rachelle Dragani October 28, 2011 09:36 AMHP has made up its mind: New CEO Meg Whitman announced Thursday the PC business is sticking around, at least in the short term. The company had been pondering whether to continue selling personal computers. Earlier this year, under the leadership of then-CEO Leo Apotheker, HP said strategic options such as a sale or spin-off were on the table for the $40.7 billion division, which was responsible for about a third of the company’s revenue last fiscal year. It’s a decisive move for HP, currently struggling with a frustrated bunch of investors.