Posted Aug. 21, 2013 at 4:56 p.m.

Premium Lock Drop in PC sales hitting HP profits; two execs ousted

Published: 2013-08-21 16:56:07
Updated: 2013-08-21 16:56:07


Hewlett-Packard issues a forecast for fiscal fourth-quarter profit that missed some analysts' estimates amid a historic slump in personal-computer sales. The second-biggest PC maker and largest printer supplier also unveils a shake-up of its top ranks, naming Chief Operating Officer Bill Veghte as head of its enterprise business, replacing Dave Donatelli. Chief of Communications Henry Gomez was promoted to chief marketing officer, replacing Marty Homlish....

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