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The Register breaking news

HP itching to flog flaccid biz units: Are Autonomy, PSG in firing line?

Hewlett-Packard is considering selling or spinning out its weak business units but warned investors that any deals may not go smoothly. The troubled tech titan stated in its latest paperwork filed to US financial regulator the SEC: “We continue to evaluate the potential disposition of assets and businesses that may no longer …
Gavin Clarke, 02 Jan 2013
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HP flip-flops on sale of Personal Systems Group

Meg Whitman, who in September replaced the deposed Leo Apotheker as president and CEO of HP, has decided that “exploring options” for the company’s PC business will not, after all, involve selling the division. Whether in response to indifference to the opportunity to buy its Personal Systems Group, or because it’s decided there …
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HP confirms Hunter to head up PC-and-printer borg

HP UK and Ireland PC boss Paul Hunter is the new chief of the merging Personal Systems and Imaging and Printing Groups. An HP spokesman confirmed the move to The Register but added: "There is no further comment to make at this time". The next role for Imaging and Printing Group (IPG) UK vice president Norman Richardson has yet …
Paul Kunert, 26 Apr 2012
fingers pointing at man

HP finally decides the future of the PC: It's a printer accessory

HP has confirmed the rumours anent the future of its Personal Systems Group - the globocorp's PC-making arm, which at one point seemed likely to be sold off - by announcing that it will merge with the company's printer tentacle. According to a corporate announcement issued today: HP’s Imaging and Printing Group (IPG) and its …
Team Register, 21 Mar 2012
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HP poised to merge printer, PC divisions?

HP's boss-for-six-months Meg Whitman is about to make her first big strategic move since she took the reins at that reeling company, merging its Imaging and Printing Group and Personal Systems Group. So says AllThingsD, citing the ever-loquacious "sources familiar with the matter", who also said that current PSG headman Todd …
Rik Myslewski, 20 Mar 2012
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HP UK PC team baying for rivals' blood

HP UK's PSG team is unsurprisingly eager to put to bed the disastrous events of the past few months and go on the offensive. CEO Meg Whitman vowed to make a decision on the future ownership of PSG by the end of this month, and that HP is keeping the unit is not a huge surprise, neither is the fact it will have another stab at …
Paul Kunert, 28 Oct 2011
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Will CEO Meg spare HP's PC biz?

HP may not lop off its PC biz after all: CEO Meg Whitman is still chewing the stats and weighing up the impact on its other hardware operations. Whitman is set to make the final decision at the end of this month, though HP's board were already getting cold feet before the exit of former CEO Leo Apotheker, who hatched the plan. …
Paul Kunert, 12 Oct 2011
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HP unzips, dangles fat wedge over PC dealers

HP is dangling a sizeable "discretionary funding" carrot in front of resellers to make them come up with business plans to lure small biz, schools and corporations into buying PCs. At the same time the tech titan is cutting the bewildering number of promos run by its personal systems division. It also vowed to improve the way …
Paul Kunert, 15 Mar 2012
fingers pointing at man

HP PC boss: I'm so loving being spun off

HP's public statement that it will explore alternatives for its PC business has sent "ripples" across the entire organisation, according to a senior exec. Todd Bradley, global chief of the Personal Systems Group, is on a tour of duty in the US to convince resellers, disties and customers that a spin-off is the best and " …
Paul Kunert, 09 Sep 2011
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Apple poaches Brit sales boss from HP's PC group

Apple has poached HP PSG channel sales director Trevor Evans to mastermind its assault on the corporate market, The Register can reveal. Evans is already on gardening leave and takes the helm of Apple's B2B partner network at the end of January, sources say. In an internal memo sent to staff and leaked to El Reg, PSG UK boss …
Paul Kunert, 07 Dec 2011
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Cisco veep slags off HP's PC biz wobble

Cisco quietly sat on the sidelines during the summer as a series of gaffes by a hapless senior executive team forced down HP's share price by a fifth. But the networking kingpin has found its voice again to predict that hitting the Personal Systems Group eject button will damage HP and its partners' bottom line and lead to price …
Paul Kunert, 03 Oct 2011
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HP parts with sales director Richard Logan

HP sales director Richard Logan is exiting the organisation as the printer and PCs business units collide, say channel sources close to the vendor. The shake-up at the top of the Printing and Personal Systems (PPS) biz began some months ago with Eric Cador, EMEA head of the PC division, bagging the most senior role in the region …
Paul Kunert, 09 Jul 2012
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Is HP's printer-and-PC mashup good for channel?

An admission to start with. As some of you will know I have a soft spot for HP, this is based on being a former employee at the company. I joined when the LaserJet One was in full swing and the LaserJet Two was just starting to be sold. It was a time of stellar growth across all product categories, and this was as true for HP as …
Dominic Webb, 11 May 2012
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HP plucks webOS team out of departing PC division

HP evidently sees a brighter future for its webOS platform after moving the team into the Office of Strategy and Technology (OS&T) as it figures out what to do with the software. The other half of the business HP acquired from Palm – the hardware element – will continue to reside in its Personal Systems Group that will likely be …
Paul Kunert, 05 Sep 2011
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HP UK sales hit by PC biz uncertainty

Demand for HP PCs waned in the UK following the disastrous decision to make public its strategic review of the Personal Systems Group, analyst figures reveal. The US tech titan downplayed the potential impact of blundering former CEO Leo Apotheker's poor handling of the situation, but the early signs indicate a resultant loss of …
Paul Kunert, 10 Oct 2011

Hey HP: You may not rate Autonomy, EDS, but buyers do

Potential buyers are probing Hewlett-Packard over EDS and Autonomy, according to reports. Bloomberg reports that HP has received an “increase in enquiries” following a recent regulatory filing saying it would dispose of businesses that don’t meet goals. The Wall St Journal says overtures have come mainly from other US tech …
Gavin Clarke, 17 Jan 2013
homeless man with sign

HP PC biz gets aggressive again

HP's Personal Systems Group is reverting back to a target-based rebate model for resellers after more than three years of operating a linear model as the tech titan eyes aggressive market share wins. The move kicks in across Europe next week (1 November) at the start of HP's fiscal New Year at a time when the traditional PC …
Paul Kunert, 26 Oct 2011
hands waving dollar bills in the air

HP to bring 6,000 more TouchPads to UK - for staff only

HP is shipping a final batch of 6,000 HP Touchpads to the UK but only employees will be able to nab them, The Register can confirm. It was revealed this morning that HP is offering consumer and biz customers the ability to claim back the delta between the initial buy price and the heavily discounted prices it offered in the …
Paul Kunert, 12 Sep 2011

HP murders webOS tablets, phones

HP has announced that it will discontinue its webOS TouchPad and webOS phones, just weeks after the arrival of the TouchPad and a little more than a year after the company acquired the webOS mobile operating system from Palm in a $1.2bn purchase. In a press release floated before the company's quarterly earnings call, HP also …
Cade Metz, 18 Aug 2011
hands waving dollar bills in the air

HP plonks Boeing bigwig into global biz hot seat

Meg Whitman has made her first senior appointment as HP CEO by creating a new role - exec veep for global tech and biz processes - and giving it to former Boeing bigwig John Hinshaw. Hinshaw will oversee IT and shared and admin services, including indirect and services procurement. He will report to Whitman and is set to become …
Paul Kunert, 03 Nov 2011
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HP's UK PC boss: We're going nowhere

HP's UK Personal Systems Group head Paul Hunter has sent round an open letter urging calm on recent news that the ink giant is rethinking its PC strategy. This was widely reported as "HP gets out of PCs" – not hugely surprising given IBM's similar strategy. But Hunter said: "Let me be absolutely clear in saying that at no stage …
John Oates, 26 Aug 2011
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HP welcomes activist investor onto board

HP has found a seat on the board for activist stakeholder Ralph Whitworth, co-founder at Relational Investors which should buy his silence - in public at least - for a couple of years while CEO Meg Whitman steadies the ship. Relational bought 17.3 million HP shares or 0.9 per cent of the total stock in August following Apotheker …
Paul Kunert, 18 Nov 2011
The Register breaking news

Apotheker right hand man Wohl exits HP

HP's short lived chief communication officer Bill Wohl - a close ally of blundering former CEO Leo Apotheker - has confirmed that he has followed his buddy out of the business. The man, who was on hand to advise Leo on the masterful handling of the PSG saga, and the TouchPad and WebOS announcement in August, revealed on Twitter …
Paul Kunert, 19 Oct 2011

HP systems group honcho bails after Meg flip-flops

HP has lost the CTO from its PC division after Phil McKinney announced he was leaving the company for semi-retirement. McKinney, who has been with the company for nine years, made the announcement days after Meg Whitman announced that HP would keep its PC arm after all. He says in his blog that he’ll be focusing on public …
Iain Thomson, 01 Nov 2011
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HP recruits Goldman Sachs to grapple activist investors

HP has rented the services of Goldman Sachs Group to fend off any potential activist investors seeking to rock the boat. The WSJ says the investment bank will man the battlements against corporate raiders that could exploit the fallen share price – down by a fifth last month after HP made public its PSG review, canned WebOS …
Paul Kunert, 29 Sep 2011
homeless man with sign

HP has another crack at fondleslab market

HP will make another run at the fondleslab market. During a conference call regarding HP's astonishing decision to keep its PC biz after all, the company said it will bring out a Windows 8 tablet and is evaluating what to do with webOS, the TouchPad tablet operating system. Although ex-HP CEO Leo Apotheker killed off the …
Chris Mellor, 28 Oct 2011
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Dell woos rattled HP PC sales partners

Dell has accused archrival HP of unsettling channel partners by revealing its intention to spin out the PC biz, claiming it is a "stable" alternative for resellers. In the three years since Dell binned its direct-only mantra and formalised a reseller network, sales via partners have accounted for 30 per cent of its turnover …
Paul Kunert, 07 Sep 2011
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HP's PC-printer lovechild is cash boon for resellers

HP's decision to stitch together its PC and printer businesses is likely driven by cost cutting but it could bring financial benefits to channel partners. In a move first mooted by former CEO Carly Fiorina but not implemented before Mark Hurd placed his butt on the hot seat, HP yesterday confirmed the formation of the Printing …
Paul Kunert, 22 Mar 2012
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PCs punch HP in the gut, servers knee it in the jewels

It has been a long time since Hewlett-Packard has had a happy quarter, and it looks like it is going to have to wait quite a while to have one again if its final quarter of fiscal 2012 is any indication. In the quarter ended on October 31, it was mostly tricks, not treats, with revenues off 6.7 per cent to $29.96bn and after …
The Register breaking news

HP insists Whitman is new broom to clean up execution

With HP’s latest quarterly earnings looking so poor, you’d expect the traditional financial analyst’s call to be dominated by concerns on the minutiae of performance. But every question was on leadership. HP’s chairman Ray Lane said that the company had been “jolted” by the departure of Mark Hurd, and the board had made the …
Iain Thomson, 23 Feb 2012
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TouchPad sales doubled after it was discontinued

Hewlett-Packard doubled its fondleslab shipments after revealing plans to ditch them and more importantly gutting the price. Channel analyst Context says HP TouchPad flogged nearly 31,000 devices across the UK, Germany and France in August – twice the amount in July – after a very slow start to the month and confirmation mid-way …
Paul Kunert, 14 Sep 2011
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HP may NOT spin off PC biz

In another world, Mark Hurd is getting out of the shower amid a haze of steam as CEO of HP – the sex pest claims were never made and he is still at the helm of the tech titan. Such is the fanciful turn of events at HP over the last 13-and-a-bit months, starting with a disgraced Hurd being cleared of sexual harassment but …
Paul Kunert, 22 Sep 2011
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Apotheker prescribes transformation elixir for HP

As everyone knows by now, Hewlett-Packard is trying to buy the British software company Autonomy as it shuts down its webOS hardware business and hopes to spin off its Personal Systems Group. But here's a question for you: In HP's third fiscal quarter, which of its units actually showed year-on-year as well as sequential …
For Sale sign detail

Lanci's Lenovo move 'negative' for Acer – Morgan Stanley

Lenovo's appointment of PC industry big hitter Gianfranco Lanci will heap further pressure on his former employer Acer, according to Morgan Stanley. Lanci – who left the Taiwanese notebook giant Acer in March after a board-level disagreement over strategic direction – moved to Lenovo to consult on its consumer biz at the end of …
Paul Kunert, 19 Sep 2011
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HP refuses to resurrect global partner piss-up conference

HP has confirmed will not be running a global partner knees-up for the third year running much to chagrin of some in the UK channel who are keen to get a run down of top level strategy, particularly in light of Leo Apotheker's succession to disgraced former CEO Mark Hurd. Despite rivals and other major vendors reinstating global …
Paul Kunert, 10 Jun 2011
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Lenovo aims to seize PC crown within 3 years

Lenovo is aiming to become the biggest shifter of PC tin on the planet within three years after recently swiping the number two spot from Dell. The once sleeping dragon is clearly wide awake – Lenovo outpaced worldwide market growth for the last eight consecutive quarters – and in a bullish mood. "We should be able to overtake …
Paul Kunert, 19 Oct 2011
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Whitman says HP turnaround will not happen overnight

Five months into the role as HP CEO, Meg Whitman is finally detailing the tech titan's turnaround plan that involves "fixing execution" and cutting costs to save cash before it ups investments in R&D. In a tough fiscal first quarter, HP ironically saw an upturn in the software and to a much lesser extent the services businesses …
Paul Kunert, 23 Feb 2012
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HP takes a big profit haircut, too

This is taking "industry standard" a little too far perhaps. Dell's revenues got a haircut and its profits swooned in its most recent quarter, and Hewlett-Packard followed suit in its second fiscal quarter with profits falling a lot faster than its revenues dropped. The difference, of course, is that HP is a considerably larger …
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HP installs Barre as EMEA channel chief

Antoine Barre has taken over as vice president of Hewlett Packard's channel organisation in Europe, Middle East and Africa. Barre is not a completely new face to the channel. He previously headed up HP's Personal Systems Group in both Europea and the US, and brings with him 15 years of Compaq and HP sales and marketing …
Kelly Fiveash, 21 Mar 2007
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HP's server, PC, and printer businesses stumble

New HP CEO Meg Whitman sure does have her work cut out for her, but she managed to notch up a quarter that was slightly better than Wall Street expected on the revenue and profit fronts. But don't call victory quite yet. HP took some significant hits in its core PC, server, and printer businesses in the past three months. In …
The Register breaking news

Apple slapped with iOS privacy lawsuit

Apple has been named in a class-action lawsuit alleging that the company allows iOS applications to provide advertisers with sensitive – and supposedly private – user information, according to Bloomberg Businessweek, which broke the story on Tuesday. "Apple claims to review each application before offering it to users, purports …
Rik Myslewski, 28 Dec 2010
The Register breaking news

HP grabs former palmOne CEO to head PC biz

HP has picked up former palmOne CEO Todd Bradley to run its PC and gadget business. Bradley, 46, spent three years as palmOne's CEO before leaving the company in February. At HP, Bradley will serve as EVP in charge of the Personal Systems Group (PSG) - the unit responsible for PCs, workstations, monitors and handhelds. "Todd …
Ashlee Vance, 13 Jun 2005
The Register breaking news

IBM to take 5% of Lenovo to seal PC biz deal - report

Lenovo looks set to pay $1.5bn in cash and shares for IBM's Personal Systems Group (PSG) in a deal that would see IBM gain a five per cent share in the Chinese company. With an announcement coming potentially as early as tomorrow - discussions between the two companies seem to be as an "advanced" stage, as the Financial Times …
Tony Smith, 07 Dec 2004

HP blames falling pound for PC and server price rises

HP is raising UK PC and server prices on Monday, 15 September. But printer and computer storage prices are staying put, for now. HP blames the falling pound for raising trade prices by "mid to high single digits". This will have a knock-on effect at shop level, once distributors, resellers and retailers add their margin. So end- …
Team Register, 11 Sep 2008
The Register breaking news

IBM, Lenovo to announce JV 'this week'

Far Eastern sources continue to claim that IBM and Chinese PC maker Lenovo are in joint-venture discussions rather than pursuing the all-out acquisition of Big Blue's PC division. Neither company has formally commented on their talks, first reported a few weeks ago. The story was re-ignited last week when a number of US news …
Tony Smith, 06 Dec 2004
The Register breaking news

HP rings up Hurd's final quarter

Mark Hurd, the ousted president, chief executive officer, and chairman of IT giant Hewlett-Packard, turned in a decent final quarter. In the quarter ended July 31 – only a week before Hurd was shown the door for becoming embroiled in a sexual harassment lawsuit with a consultant that was hired to be a greeter at HP events and …
The Register breaking news

HP printer, server, and PC sales in double digit dip

Wall Street has been waiting on the edge of its window ledge seat to see how IT giant Hewlett-Packard performed during its first fiscal quarter of the year. And they can finally relax. HP reported sales of $28.8bn, up 1.2 per cent, and net earnings came in at $1.85bn, down 13.1 per cent compared to the year-ago quarter. Just …
The Register breaking news

How many people does it take to (not) market an IBM PC?

IBM's PC marketers look like they are going to be ex-IBM PC marketers, following the company's decision to put up to 10 per cent of PSG, its 10,000-strong PC division on the jobs scrap heap. Nearly all the lay-offs will come from marketing, -- overlapping positions will be eliminated on the return of the company's consumer …
Drew Cullen, 08 Oct 1999
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HP profits up 28% on freshened servers

The IT and investor communities were both a little jumpy this week, worried that IT bellwether Hewlett-Packard wasn't pulling in enough dough. But this was just borrowing trouble. Overall revenues at the HP were up 12.7 per cent to $30.8bn in the second quarter ended in April, and with HP keeping tight reins on costs, net …
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HP buys VoodooPC

VoodooPC, the games performance PC specialist, is selling itself to HP, Rahul Sood, the company's CTO, wrote today in his blog. VoodooPC is staying in Calgary, Alberta and will become part of the gaming division in HP's Personal Systems Group. Rahul Sood becomes CTO for the division and his brother Ravi will be director of …
Drew Cullen, 29 Sep 2006