/// HP’s Fix-and-Rebuild Process Is Progressing but Not Complete, CEO Whitman Says

June 11, 2013  |  All Things Digital


What a difference a year makes. Last June, the technology giant Hewlett-Packard convened its annual HP Discover event in Las Vegas with a new CEO, Meg Whitman, who had been on the job only eight months . Reasonable people were wondering out loud whether one of America’s great technology companies could survive the combination of an intensely competitive marketplace for both consumer-oriented and enterprise-oriented technology products. In a way, the challenges only got worse. HP leads the world in three declining markets — personal computers, printing and enterprise servers — and is rushing to build new businesses to replace sales lost from those declines. And while the challenges facing HP are getting bigger, Whitman seems more confident and cool-headed than a year ago. Whitman has said that 2013 is to be the “fix and rebuild” year, during which the broken bits of HP — there were and still are many — would be remade in such a way that they can begin to deliver growth in 2014. Investors seem to like what they see. HP shares are up by more than 14 percent versus a year ago

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HP’s Fix-and-Rebuild Process Is Progressing but Not Complete, CEO Whitman Says


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