HP Explores Quitting Computers as Profits Slide
Posted in: Mobile & Wireless at 19/08/2011 19:07
Hewlett-Packard Co., the world's largest personal-computer maker, is exploring a spinoff of its PC business, an about-face that highlights how growth has pivoted from the computers that so long ruled the industry toward software and mobile devices, where H-P has largely failed to compete.
H-P said its board is evaluating strategic options for its PC business, which could include a "full or partial separation." It also will abandon efforts to sell tablets and smartphones that challenged Apple Inc.'s iPad and iPhone.
To read this Wall Street Journal report in full, see: