Question Details

Will Hewlett-Packard spinnoff its PC and printer business in 2013?

Will Hewlett-Packard spinnoff its PC and printer business in 2013?

Asked by: Super Userkruijs in Technology » Other
Settled on 01/13/2014 22:17 Settled by Super Userkruijs
Winning option:No Struggling with falling PC sales and adverse market conditions, US-based technology giant Hewlett- Packard (HP) expects to eliminate up to 34,000 jobs by October this year as part of its multi-year restructuring programme to cut costs.

HP's annual sales have declined from $127.24 billion in 2011 to $112.3 billion in 2013, mainly due to declining consumer interest in PCs and printers.

However, the company has been able to return to profitability in fiscal 2013 with net earnings of $5.1 billion against a loss of $12.65 billion in the previous financial year.

http://articles.economictimes.indiatimes.com/2014-01-02/news/45799518_1_hp-pc-sales-hewlett-packard

Predictions

Yes
Yes
No
No

Background

Boldest Predictions 2013

Hewlett-Packard: All the king's horse and all the king's men (and CEO Meg Whitman) realize Hewlett-Packard cannot be put back together again. Before the end of 2013, the company is restructured, with the spinoff of its PC and printer business as HP makes a last-ditch effort to be like IBM.

http://www.cnbc.com/id/100276714/page/5

Find similar: Hewlett-Packard, hp, meg whitman, 2013

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