Feeds

HP to split in twain – WSJ

Stresses Internet hardware sales

  • alert
  • submit to reddit

Top three mobile application threats

Hewlett-Packard is preparing to split itself into two separate companies, according to a good old-fashioned scoop in today's Wall Street Journal. The computer giant will make the announcement after the NYSE this evening, the paper reports. HP management recently hired posh management consultants McKinsey & Co to investigate "strategic alternatives", the WSJ reveals. HP shares have performed like dogs over the last two years, according to the paper -- it cites research company Baseline figures, showing HP share value has grown 17 per cent during this period, compared with 56 per cent for the S&P Index, and 137 per cent for an index of computer hardware How will the cookie crumble at HP post-reorganisation? The most obvious way to carve up the group would be to hive off the companies test and measurement and medical equipment, which collectively represents 11 per cent of sales. But that would not require expensive management consultants to come up with such an idea. The Register could have given that one away for free. It's difficult to see how such a demerger would unlock value in the company's core computer business, which represents 89 per cent of turnover. The WSJ quotes a "person close to the company (who predicts) HP will try to stress faster-growing Internet-related hardware, that could command a premium on Wall Street". HP shares will no doubt jump today and tomorrow. Aren't smoke and mirrors wonderful things? ®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.