HP to combine printer, PC divisions

HP logoHewlett-Packard Co. is combining its printing and PC units to save money, according to published reports.

The technology blog AllThingsD first reported the restructuring plan Tuesday citing anonymous sources. HP would not comment.

The move comes at a time when sales of printers and ink, once HP's lifeblood, are falling amid declining demand and growing competition. HP is the world's No. 1 maker of personal computers. But PC sales are hurting, too, as people turn their attention to tablets and smartphones.

Aside from external factors, Hewlett-Packard also faces internal problems, something CEO Meg Whitman acknowledged in a February conference call.

"We didn't make the investments we should have during the past few years to stay ahead of customer expectations and market trends," she told analysts after HP reported lower earnings and revenue. "As a result, we see eroding revenue and profits today."

Whitman became HP's CEO in September, replacing Leo Apotheker, who served just 11 months before he was ousted. Whitman is the company's third chief executive in less than three years.

Apotheker had announced that HP was looking to sell or spin off its PC division, but under Whitman's guidance the company said it will keep the unit.

HP said last month that it plans to spend several years turning itself around. The expected combination of its PCs and printer units is part of that plan, and will likely lead to job cuts and cost savings, according to reports. Together, the two units made up about half of HP's $30 billion revenue in the first quarter.

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

 
Google shipped 3.9 million Pixel smartphones last year
 
Company provides quick stats on commercial upgrades
 
The aim is modernize email, allowing for the creation of messages with interactive, dynamic content
 
 
Samsung is planning to add an animoji-like "3D emoji" feature to the Galaxy S9 premiering later this month
 
The project that was supposed to bring this technology to the Note9 has been stopped recently
 
Google and Apple are constantly in a battle against one another in the mobile space in the Android versus iOS debate
 
Apple will reveal its next major platform update for mobile devices
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
    123
45678910
11121314151617
18192021222324
25262728   




Poll

Do you use microSD card with your phone?
or leave your own version in comments (6)