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Inside HPE: Look for strategy changes as Whitman departs

Editor’s note: Hewlett Packard Enterprise is bringing 2017 to a close strongly with a $7.7 billion quarter and looks to the future under a new CEO as long-time leader Meg Whitman announces her departure. Technology Business Research Analyst looks at HPE’s next moves.  HAMPTON, N.H. – HPE endsed FY2017 with the announcement of Meg Whitman’s upcoming replacement by Antonio Neri in early 2018. In CY3Q17, Hewlett Packard Enterprise (HPE; NYSE: HPE) achieved $7.7 billion in revenue. TBR believes portfolio shifts made thus far in 2017, including the finalization of spin-merges and a series of strategic acquisitions position the vendor...

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Inside Cisco: As hardware sales slump, emphasis on software grows

Editor’s note: Cisco’s stock rose earlier this week after in its financial report the tech giant indicated it is on the path of return to revenue growth. But a big obstacle remains: Overcoming slumping hardware sales. The answer? Software and services. Cisco operates one of its largest corporate campuses in Research Triangle Park. HAMPTON, N.H. – Continued weakness in the network hardware market drove top-line declines in revenues during the most recent quarter, but Cisco software volume rose Changes to financial reporting emphasize Cisco’s (Nasdaq: CSCO) ongoing business transformation, supported by a higher volume of recurring software and services...

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Want fast smartphone? iPhone 5 may not be best choice

When Tommie Johansson was looking for a new smartphone in Stockholm last month, he quickly ruled out the iPhone 5. The reason: It’s too slow. The Apple (Nasdaq: AAPL) handset can’t connect to the newest networks of most European carriers. That creates a potential opening for Nokia Oyj as it seeks to claw back lost market share with new phones that can take full advantage of the fastest networks. Nokia is vying with Apple and South Korea’s Samsung Electronics Co. for European shoppers’ holiday budgets and an early foothold in the market for LTE smartphones, which are faster and...

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iPad is taking a ‘buzz saw’ to PC market

The iPad is wreaking havoc on the personal-computer market. Hewlett-Packard Co. (HPQ)’s consumer PC sales plunged 23 percent last quarter, and the company lopped $1 billion off its annual sales forecast. And while rival Dell Inc. (DELL) beat analysts’ estimates because of corporate demand, its sales to consumers slumped 7.5 percent. More than 70 million tablets like the Apple Inc. (AAPL) iPad will be sold in 2011, a total that will balloon to 246 million in three years, Jefferies & Co. said yesterday. “You’re walking into a buzz saw,” Jane Snorek, a senior research analyst at Nuveen Asset Management...

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