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HP to decide on PC business this month

PC hardware business up in the air
Wed Oct 05 2011, 09:48

CONFUSED ENTERPRISE VENDOR HP will decide on the future of its PC business this month, according to a statement from its newly installed CEO.

While it was under the Apotheker captaincy the firm announced rather shocking plans to dump the PC business. Okay, it didn't explicitly say that, rather it said that it would consider selling it or spinning it off, which apparently meant something else to HP than it did to normal people.

According to Bloomberg, new HP CEO Meg Whitman sprinkled a little more colour into the HP PC business tapestry, and in a conference call said that the firm is almost ready to say what its plans are.

It's likely that shareholders and the board are still reeling from the suggestion, but the extra time will give HP room to decide on what it wants to do with the still profitable, but boring hardware arm.

While it was under Leo Apotheker's rule the firm had given itself the deadline of the end of the year for a decision, but presumably sick of people asking her, "what are we going to do with the PC business?", Whitman has bought the decision forward.

"We have to make a final decision about what to do with the PC division," she said. "It's a decision I want to make much faster than my predecessor. I want to make it before the end of October."

Another factor that could have motivated a quicker decision is the fact that HP shareholders are suing the company because they believe that they were mislead over the future of the business. µ

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