Articles by HP
HP Unveils Four New All-In-One Windows 8 Desktops
September 10 2012 7:19 AM EDT
Hewlett-Packard launched four all-in-one PCs Monday running on Windows 8. The new desktop line-up includes HP Envy 23, HP Envy 20, HP SpectreOne and HP Pavilion 20.
Technology Focus: Who Benefits From Big Data? Big Guns IBM, Oracle, HP, EMC
September 02 2012 10:08 AM EDT
You don’t have to be a genius to determine that in a world of petabytes of data, projected 2012 sales of 367.2 million PCs, 107.4 million tablets and 650 million smartphones, a few smart companies are going to prosper: HP (NYSE: HPQ), IBM (NYSE: IBM), Oracle (Nasdaq: ORCL) and EMC.(NYSE: EMC).
HP Sets New Low, Week After Posting Biggest-Ever Loss
August 30 2012 4:43 PM EDT
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer company, set a new 52-week low of $16.77 on Thursday, after posting a record third-quarter loss last week and reducing earnings estimates for the current quarter.
HP Unveils New Tablet, A Year Post-TouchPad Fiasco
August 30 2012 1:06 PM EDT
Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, announced its first tablet a year after withdrawing the TouchPad after it bombed with consumers.
IDC Shaves PC Forecast To Below 1% After HP, Dell Report Poor Results
August 28 2012 3:48 PM EDT
IDC revised its forecast for this year’s PC sales gains to only 0.9 percent, after the top U.S. giants, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), reported lower PC sales for their latest financial quarters. By contrast, tablet sales, headed by the iPad from Apple (Nasdaq:M AAPL) should surge 54 percent.
Lexmark To Exit Inkjet Printer Unit, Fire 1,700; Shares Soar 20%
August 28 2012 11:46 AM EDT
Printer specialist Lexmark International Inc. (NYSE: LXK) said it will fire 1,700 employees, mainly in the Philippines, as part of strategy to exit its aging inkjet printer business. The move came after the company reported lower income and revenue, industry experts forecast lower PC sales as well as competition from No. 1 printer maker Hewlett-Packard (NYSE: HPQ).
Technology Focus: How To Label Tech In 2012? A-n-t-i-c-i-p-a-t-i-o-n
August 26 2012 9:56 AM EDT
Now that 2012 is two-thirds over, it’s already time to label it, like the Asians do. Unlike 4709, it’s not the Year of the Dragon. It’s the Year of Anticipation.
Whitman’s Ax: 4,000 Left HP Payroll in Third Quarter
August 23 2012 9:14 AM EDT
Hewlett-Packard Co. (NYSE: HPQ) CEO Margaret (Meg) Whitman has been swinging her ax at the company’s payroll: during the third quarter ended July 31, as 4,000 left the company as part of her plan to trim the roster, which was 349,600 on Oct. 31.
Hewlett-Packard Posts $8.9bn Quarterly Loss; More Job Cuts Expected
August 23 2012 1:13 AM EDT
Hewlett-Packard Co swung to an $8.9 billion quarterly loss as personal computer sales shrank again and it swallowed a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp.
HP 3Q Results: Whitman Takes Record $8.9B Charge; Revenue Slumps Below Estimates
August 22 2012 4:24 PM EDT
Hewlett-Packard Co. (NYSE: HPQ), the world’s biggest computer company, reported third-quarter financials after the market close Wednesday, taking a record charge of $10.8 billion that resulted in a net loss of $8.9 billion, or $4.49 a share.
Dell Shares Plummet 5% After Dismal Forecast
August 22 2012 9:00 AM EDT
Shares of Dell (Nasdaq: DELL), the No. 3 PC maker, plunged more than 5 percent after the company reported poor second-quarter results and issued a forecast for lower sales ahead. In pre-market trading, shares fell as low as $11.72, down 62 cents.
Hewlett-Packard 3Q Earnings: Will It Be Whitman’s Final Loss?
August 22 2012 8:02 AM EDT
Hewlett-Packard Co. (NYSE: HPQ), the world’s biggest computer company, has nowhere to go but up. Scheduled to report third-quarter financials after the market close Wednesday, investors and technologists will be watching for signs that its restructuring and massive write-offs are over.
Technology?s Cash Piles: Top U.S. Leaders Stash Nears $400B
August 20 2012 4:03 PM EDT
Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
Apple (AAPL) Stock Price Becomes Most Valuable In History, But There?s Still More Work To Do
August 20 2012 3:54 PM EDT
After enjoying a record-breaking quarter earlier this year, Apple posted yet another milestone on Monday, this time for its stock. With its stock reaching $660.73 a share early Monday morning, Apple finally surpassed Microsoft as the most valuable publicly-traded stock ever, achieving a market capitalization of $619.37 billion, the largest cap ever recorded.
Currency Focus: Weekly FOREX Commentary | 20th August, 2012
August 19 2012 8:50 PM EDT
Despite moderate support across U.S equities, the Australian dollar trajectory turned sharply south on Friday with the AUDUSD pair crossing the downside of various points of support, before bottoming out just above 104-figure.
Dell, HP, Best Buy, Lowe’s: Earnings Reports To Watch, Aug 20-24
August 17 2012 6:18 AM EDT
Before the curtain falls on this earnings season, investors will hear next week from several more major players, including Dell, Hewlett-Packard, Lowe's and Best Buy.
Lenovo Group 1Q Earnings Jump 30% As No. 2’s Sales Soar
August 16 2012 9:13 AM EDT
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.
Cisco’s 4Q Results: Major Tech Bellwether Beats Estimates; Could Influence HP, Dell, Oracle
August 15 2012 4:50 PM EDT
Cisco Systems (Nasdaq: CSCO) reproted fourth-quarter results that exceeded analyst estimates.
Dell Gets Bashed By S&P ‘Bearish’ PC Outlook
August 15 2012 9:35 AM EDT
Wall Street powerhouse Standard & Poor’s lowered its opinion of Dell (Nasdaq: DELL), the No. 3 PC maker, because it’s becoming “more bearish of the PC industry in general,” the ratings agency said Wednesday. It trimmed its 12-month target price for Dell shares to $14 from $15.
Cisco’s 4Q Results: Major Tech Bellwether For HP, Oracle
August 15 2012 6:20 AM EDT
Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.