HP reconsidering PC unit spinoff, report says

HP logoHewlett-Packard is reconsidering its decision to spin off its personal computer business after new analysis indicated the spinoff costs might outweigh the benefits, according to a report in The Wall Street Journal.

The spinoff was announced during an earnings call in August by then-CEO Leo Apotheker as part of an effort to refocus its business around other core competencies. Apotheker used the same call to announce the company would discontinue WebOS devices, including the TouchPad tablet.

"The analysis is under way now," an HP representative told the Journal. "We said we would explore all options and that Meg would make a decision based on the data."

Meg Whitman, who took over the reins of the company following the ouster of Apotheker in August, hasn't publicly announced the fate of the PC unit but has said HP must determine whether it wants to spin off the PC unit "as fast as we can."

However, HP has reportedly been under pressure from manufacturing partners to keep the PC unit inside the company. Growing concern about the fate of HP's PC unit is pushing "channel operators" to switch their orders from HP to brands such as Dell, Acer, and Lenovo, Digitimes reported in September.

HP Executive Chairman Ray Lane held out the possibility that the Personal Systems Group would remain inside. "Our intent all along was to look at whether there was a benefit to investors or to customers," he said in a conference call last month. "[But] if it cannot be stronger on the outside--delivering better equipment and technology than our competitors--it stays inside."

HP is the world's largest PC maker, with revenue of $40.1 billion in the most recent fiscal year.

Source: CNET

Tags: HP

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
 
With the head of Samsung Group facing prison time, CEO calls for company to "start anew"
 
Is there a way to turn off the iPhone or iPad that doesn't require a button?
 
Users will be warned that the app is still in development and will be unstable
 
Quick test proves fast charging isn’t as fast as promised
 
Bitcoin shrugs off Chinese regulations and bubble chatter to smash a new record
 
Microsoft moves the controls to the Settings app
 
The Exynos-powered Note8 are capable of capturing videos at 60fps, not just 30fps, but the software on them doesn't allow it
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
293031    




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)