IBTimes.com : HP Topic

Technology Focus: Is Another Industry Downturn Looming?

Sun, 27 May 2012 09:05:43 EDT

Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?.

Memorial Day Sales 2012: 25 Best Deals, Discounts And Bargains Online And In Stores For MDW Holiday Weekend

Fri, 25 May 2012 11:34:24 EDT

While Memorial Day is a day meant to celebrate and commemorate all those who have fallen while serving in the United States Armed Forced, along with a long weekend vacation from work and school, Monday, May 28 may be a great day to snag sales. According to NASDAQ, Memorial Day 2012 will be one of the best in recent years to receive heavy discounts on apparel and home goods.

HP’s WebOS Enyo Team Leaving Company To Join Google: Report

Fri, 25 May 2012 03:53:24 EDT

The manpower behind HP's webOS platform continues to shrink as the team leading the Enyo HTML 5 development project is reportedly leaving the company to join Google shortly.

HP's Mobile Software Team Leave for Google

Fri, 25 May 2012 03:13:41 EDT

The team behind the webOS mobile operating system will be leaving HP and joining Google in the latest restructuring move at HP.

HP Shares Gain Slightly On Whitman’s Job Cuts

Thu, 24 May 2012 17:15:05 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, rose about 3 percent to $21.77 on Thursday, following the announcement it would fire 27,000 employees by 2014.

Wall Street little changed on euro zone worries, data

Thu, 24 May 2012 11:21:02 EDT

Stocks was little changed on Thursday in volatile trading as ongoing concerns about Greece's possible exit from the euro zone and tepid data on the U.S. economy gave investors little reason to take risk.

Analysts back Hewlett Packard's layoff plans

Thu, 24 May 2012 10:28:03 EDT

Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.

HP’s CEO Chops 27,000 Jobs, Investors Cheer

Thu, 24 May 2012 09:42:58 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, leaped as much as 7.4 percent Thursday after the company said Wednesday it would fire 27,000 people.

As rivals falter, Lenovo has emerging market edge

Thu, 24 May 2012 03:49:04 EDT

With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc.

HP to Lay Off 27000 Employees, Expects to Save Over $3 Billion Annually

Thu, 24 May 2012 02:31:58 EDT

Following declining profits and stiff competition from rival companies, tech firm Hewlett-Packard (HP) has decided to lay off 27,000 jobs by 2014.

HP To Cut 27,000 Jobs as Q2 Profit Slides [VIDEO]

Thu, 24 May 2012 02:16:42 EDT

Company plans to complete layoffs within two years, mainly through early retirement to minimise number of redundancies.

Opposition Blames Carbon Tax for Closure of Hunter Valley Smelter

Wed, 23 May 2012 23:26:19 EDT

Although operators of the soon-to-be shuttered smelter plant in Hunter Valley cited the high Australian dollar and weak prices in the international market for aluminium as the short-term reasons why it would close its Kurri Kurri facility, the Opposition seized the closure of the plant to blame again the carbon tax for the economic woes of companies in Australia.

HP Gears Up for Business Refocusing, Discloses Planned Release of New Windows 8 Tablet

Wed, 23 May 2012 23:09:03 EDT

Growth will be Hewlett Packard's (HP) core vision over the next two years and the company's new business plan includes the upcoming release of a Windows 8-powered tablet computer later this year and the phased separation of thousands of workers.

Wall Street finishes flat in late reversal

Wed, 23 May 2012 18:14:03 EDT

Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.

Dell's strategy questioned as shares dive

Wed, 23 May 2012 16:42:02 EDT

Shares of Dell Inc plunged 17 percent Wednesday after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated and raised doubts about the PC maker's strategy.

HP: Is Whitman’s Ax As Big As IBM’s Gerstner’s?

Wed, 23 May 2012 16:37:44 EDT

Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results.

HP To Lay Off 27,000, Seeks $3B Savings

Wed, 23 May 2012 16:35:02 EDT

Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth.

Dell shares dive, PC margin fears drag HP lower

Wed, 23 May 2012 14:56:03 EDT

Shares of Dell Inc plunged 18 percent Wednesday, on track for their biggest single-day loss in more than a decade, after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated.

Cisco, Dell, HP: Is A Tech Recession Coming?

Wed, 23 May 2012 13:37:01 EDT

Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?.

HP 2Q Earnings: Whitman Expected To Swing Ax

Wed, 23 May 2012 11:49:25 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, fell as much as 5.6 percent Wednesday, ahead of its expected announcement of second-quarter results.

Dell Disappoints, With Dismal Outlook, And Shares Dive 15%

Wed, 23 May 2012 09:54:46 EDT

Shares of DELL (Nasdaq: DELL), the No. 3 PC maker, plunged as much as 15 percent after the company reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast.

Dell 1Q Earnings Trail Estimates; Sets Poor Outlook

Tue, 22 May 2012 16:30:54 EDT

Dell Inc. (Nasdaq: DELL) reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast for the current quarter

Dell 1Q Results: PC Bellwether, HP Barometer?

Tue, 22 May 2012 15:25:36 EDT

Shares of Dell (Nasdaq: DELL), the No. 3 PC maker, rose nearly 2 percent Tuesday, in advance of the company’s report of first-quarter results.

Apple seeks support for new spaceship-like campus

Mon, 21 May 2012 17:42:03 EDT

Apple Inc's chief financial officer is asking the residents of Cupertino, California, to support the company's new 2.8 million square foot spaceship-like campus, which critics say would increase traffic and pressure city services.

Worldwide IT Outsourcing Market Grew 7.8% In 2011

Mon, 21 May 2012 08:42:35 EDT

The Worldwide IT outsourcing (ITO) market grew 7.8 percent from 2010, with the revenue totaled at $246.6 billion in 2011. It was the Indian-based IT services providers and providers rooted in cloud-based services that delivered the highest growth rates in 2011.

HP Axing 30,000 Jobs to Cut Costs

Fri, 18 May 2012 04:14:12 EDT

Hewlett-Packard is planning 30,000 lay-offs as it tries to reverse its recent slumping fortunes.

HP mulls cutting at least 25,000 jobs: sources

Thu, 17 May 2012 15:35:03 EDT

Hewlett-Packard Co is considering cutting its workforce by 8 to 10 percent, or a minimum of 25,000 jobs, sources familiar with the matter told Reuters, as newly installed CEO Meg Whitman strives to return the storied Silicon Valley institution to growth.

HP mulls cutting workforce 8-10 percent: sources

Thu, 17 May 2012 15:07:02 EDT

HP Could Fire 25,000 In Cost-Cutting Move

Thu, 17 May 2012 14:13:08 EDT

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, were largely unaffected by a report it would fire as many as 25,000 employees as part of cost-cutting measures.

Agilent Shares Gain After Dako Acquisition

Thu, 17 May 2012 10:00:42 EDT

Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it’s biggest acquisition, the $2.2 billion takeover of Denmark’s Dako.

Cloud Applications: IBM Sets New Products, Services For Enterprises

Thu, 17 May 2012 08:05:53 EDT

International Business Machines Corp. (NYSE: IBM) announced a series of initiatives for cloud, or Internet-based computing, to lower costs as well as lure more customers.

Saudi Hackers Attack Iranian Oil Companies

Thu, 17 May 2012 06:29:22 EDT

Saudi hackers target websites for state-backed Iranol, Iranian Oil Ministry and the National Iranian Oil Company.

Dell XPS 13 Review

Wed, 16 May 2012 10:15:34 EDT

Can Dell's first entry in the Ultrabook market, the XPS 13, make its mark?

AMD Trinity Series of APUs Unveiled

Tue, 15 May 2012 07:46:31 EDT

AMD claims its second generation APUs, codenamed Trinity, will beat Intel’s Ivy Bridge on price and gaming.

HP loses $190 million tax case against IRS

Mon, 14 May 2012 23:35:05 EDT

Hewlett-Packard Co. on Monday lost a battle with the U.S. Internal Revenue Service for more than $190 million (118 million pounds) in tax refunds tied to a Dutch tax shelter designed by the derivatives arm of American International Group.

Ultrabook Group Test: Acer Aspire S3, Asus Zenbook UX31, HP Folio 13 and Toshiba Satellite Z830

Mon, 14 May 2012 11:50:01 EDT

We test four Ultrabooks in our group test of the ultra-slim laptops: the Acer Aspire S3, Asus Zenbook UX31, HP Folio 13 and Toshiba Satellite Z830.

Diablo III Arriving This Month: 8 Reasons Why It Should Be In Your Shopping List

Sat, 12 May 2012 07:13:57 EDT

"Diablo III", Blizzard's latest dark fantasy/horror-themed action role-playing game, is arriving May 15. This is heartening news to most Diablo fans who have long waited for the arrival of a new Diablo with more intense gameplay and improved graphics. So why should you make a point to spend money on the new game?.

Corrected: Analysis: Cisco spooks, but IT spending seen on mend

Fri, 11 May 2012 12:14:03 EDT

As a cautious outlook from Cisco Systems Inc pummels shares of the network equipment maker and its peers, it might be time to go bargain hunting.

Analysis: Cisco spooks, but IT spending seen on the mend

Thu, 10 May 2012 20:14:02 EDT

As a cautious outlook from Cisco Systems Inc pummels shares of the network equipment maker and its peers, it might be time to go bargain hunting.

Cisco outlook underwhelms, economy fears persist

Wed, 09 May 2012 18:14:01 EDT

Cisco Systems Inc forecast quarterly earnings below Wall Street's expectations, accentuating concerns about global technology spending and the network equipment maker's ability to weather persistent economic weakness.

HP Ultrabook Vs. MacBook Air: HP Price Drop May Threaten Apple Sales [VIDEO]

Wed, 09 May 2012 16:11:39 EDT

Best Buy has dropped the price on Hewlett-Packard's Folio ultrabook down to its lowest ever, just $798. The lightweight laptop, which is similar in design to Apple's MacBook Air, got its new low price on Wednesday as rumors of a $799 MacBook Air continue to grow.

Sleekbooks join HP Envy Range of Laptops from July

Wed, 09 May 2012 09:46:52 EDT

HP has created a sleekbook brand of laptops, as well as adding an Envy SpectreXT ultrabook and HP EliteBook Folio 9470m business machine to its roster.

MacBook Air Release Rumor: Apple Prepping $799 Air For Q3; Will It Be The Biggest Threat To Ultrabooks Market Sales?

Wed, 09 May 2012 06:59:23 EDT

According to recent report cited in DigiTimes, Apple is going to launch a new MacBook Air sometime around the third quarter of this year. Further, the report has suggested that the new Air would be priced by the company at a price as low as $799.

Cisco Systems 3Q Earnings Preview: Going Up

Tue, 08 May 2012 12:59:41 EDT

A corporate diet, better focus and the explosion of “Big Data” is expected to send earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.

EBay, Wal-Mart search for revved-up search engines

Fri, 04 May 2012 12:42:02 EDT

EBay Inc and Wal-Mart Stores Inc are developing new Web search engines to better compete against Amazon.com Inc in the fast-growing e-commerce market.

Facebook IPO Will Value Shares Between £17 and £22

Thu, 03 May 2012 19:20:25 EDT

Facebook's latest regulatory filing says it expects to the company to be valued at up to £59bn.

Samsung Galaxy S3 Launch Day: Everything You Need to Know

Thu, 03 May 2012 03:52:22 EDT

We round-up all the Samsung Galaxy S3 rumours and leaks ahead of its launch this evening in London.

Settlement With HP Isn't Going To Happen: Oracle

Wed, 02 May 2012 19:01:10 EDT

An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial.

Settlement with HP isn't going to happen: Oracle

Wed, 02 May 2012 17:49:03 EDT

Teradata, Informatica, Opera – Future Candidates for ‘Big Data’ Roll-ups?

Wed, 02 May 2012 15:54:16 EDT

Now that the first anniversary of Osama Bin Laden’s death shed renewed light on the “needle in the haystack” side of data analysis that helped catch him, investors might wonder how to take advantage of it.