Newly minted HP CEO Meg Whitman is rethinking the company’s decision to spin off its PC division, the Wall Street Journal has reported. Fresh analyses apparently indicate the cost of a spinoff might outweigh its benefits. Separately, HP management is reported to have met earlier this week to decide whether to spin off the Palm unit or sell off the unit’s webOS operating system. Murmurs that Whitman has reneged on her pledge to continue predecessor Leo Apotheker’s policies when she was made HP’s CEO last month are making the rounds.
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HP Teetering on PC Spinoff Gambit
Posted by: Richard Adhikari October 12, 2011 02:49 PMNewly minted HP CEO Meg Whitman is rethinking the company’s decision to spin off its PC division, the Wall Street Journal has reported. Fresh analyses apparently indicate the cost of a spinoff might outweigh its benefits. Separately, HP management is reported to have met earlier this week to decide whether to spin off the Palm unit or sell off the unit’s webOS operating system. Murmurs that Whitman has reneged on her pledge to continue predecessor Leo Apotheker’s policies when she was made HP’s CEO last month are making the rounds.