Posts tagged “HP”
At the recent Hewlett Packard Enterprise Discover event in London, executives laid out their vision for the new HP, built on the split of the tech giant into services and hardware. Technology Business Research Analyst Cassandra Mooshian liked what she saw and heard.
Analysis: HP's earnings results from its last quarter as a single company underscore its need to realign around changes in the global PC and data center markets., says analyst Stephen Belanger of Technology Business Research.
Hewlett-Packard (NYSE: HPQ) went out with a whimper Tuesday, as the venerable computer-maker issued its final quarterly earnings report as a unified tech conglomerate, showing another drop in sales for most of its business divisions.
When was the last time you shopped for a PC? For many people, smartphones, tablets, and devices such as Chromebooks have usurped the role PCs tradtionally played in our digital lives. So, PC makers including Dell, HP, Lenovo, Intel and Microsoft are collaborating for the first time on a joint ad campaign to tout what they call "unprecedented, substantive innovation in the PC category."
Worldwide PC shipments declined 7.7 percent in the third quarter compared to the same period last year. Shipments totaled 73.7 million units, but continued to show weakness, according to preliminary results by Gartner Inc. Lenovo showed the strongest growth among the top five U.S. vendors.
If you have wondered why Lenovo has cut jobs in its RTP-based x86 server business this year, some proof can be found in the latest global server sales statistics from IDC. New numbers from Gartner are similar. Yes, Lenovo revenues and share jumped tremendously after buying IBM's x86 business last year, but the growth didn't match the revenues and share IBM shed. Meanwhile, there's good enws for Cisco.
Analysis: HP's 2Q15 financial results reveal significant challenges within its businesses, and its ongoing realignment to adapt to changes in the global PC and data center markets is contributing to short-term execution challenges, writes Stehpen Belanger, an analyst at Technology Business Research.
Tech giant HP is scheduled to disclose its latest quarterly financial report after the markets close Thursday - and the news may not be good. That's the expectation of Technology Business Research analyst Stephen Belanger.
Hewlett-Packard is moving ahead with plans to split into two companies with CEO Meg Whitman to lead the new venture focused on enterprise software and services. The previous head of the HP hardware group, meanwhile, quit.
$200M NetSuite-Bronto deal closes; analyst expects 'strong' Red Hat earnings; Monsanto after Syngenta investors; China frees GSK investigator; HP paying $100M in Autonomy deal
In today's Bulldog wrapup of technology and life science news: NetSuite closes on its acquisition of Durham-based Bronto Software; RBC expects "strong" earnings from Red Hat; Monsanto targets Syngenta shareholders; China frees a GSK investigator; and HP to pay $100 million in Autonomy class-action suit.
Tech giant HP made news Thursday by disclosing the $2 billion-plus sale of a server business in China, but the latest earnings report shows revenue declines at each of its business units year-over-year. Technology Business Research takes a look at what's happening as HP nears a split into two groups.
HP sells China server unit; Peak 10 grows in Triangle; Time Warner Cable back in play?; Spotify expands; PayPal's $25M fine
In today's Bulldog wrapup of technology news: HP is selling its server business in China; Peak 10 expands in the Triangle; will Altice buy Time Warner Cable?; Spotify adds more services; and PayPal pays $25 million settlement.
PC sales are plunging worldwide, but not at Lenovo. The world's No. 1 computer manufacturer widened its hold on the top sales spot in the first quarter, driving up sales and market share, two reports show. Lenovo also is continuing to gain share in the U.S.
"Enterprises are facing a mobile-first world and are looking for solutions that help them transition legacy investments to the new style of IT," HP CEO Meg Whitman says. "By combining Aruba's world-class wireless mobility solutions with HP's leading switching portfolio, HP will offer the simplest, most secure networking solutions to help enterprises easily deploy next-generation mobile networks."
Meg Whitman was paid $19.6 million in cash and stock last year, up from $17.6 million in 2013, after HP's board of directors raised her base salary to $1.5 million from $1 and bestowed additional cash and stock awards based on her performance last year.
New statistics show that Lenovo is selling more PCs than ever and its global market share is growing. It's also closing in on Apple for the No. 3 spot in U.S. sales. But former No. 1 HP is surging, with a global growth rate twice that of Lenovo.
In his analysis of HP's latest earnings report and corporate update, Technology Business Research analyst concludes: HP's short-term results are pressured by strategic reorganization, and the vendor's long-term market positioning remains unclear.
Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead.