Cloud Computing: HP Suggests It’s Looking at Weeding Its Holdings
January 3, 2013
Grazed from Sys Con Media. Author: Maureen O’Gara.
Hewlett-Packard, which is desperately seeking ways to get its boat off the sandbar, told the SEC last week in its annual 10-K that "we continue to evaluate the potential disposition of assets and businesses that may no longer help us meet our objectives."
Bloomberg, which worked over New Year’s Eve, says the company didn’t use that language in its last 10-K filing when CEO Meg Whitman reversed her ousted predecessor’s destabilizing notion of somehow spinning off the company’s PC unit, and instead moved printers into it…
Since writing off a ghastly $8.8 billion in late November because of its ill-conceived $11 billion Autonomy acquisition HP has been under Wall Street pressure to shed some of its motley holdings, including PCs and printers…
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