Whitman faces big challenges at HP

No one's counting Hewlett-Packard Co. out. But by any measure, new CEO Meg Whitman faces a mountain of problems as she takes the reins of the world's biggest-selling tech company.

HP shares up on CEO ouster reports

Hewlett-Packard shares surged on Wall Street on Wednesday amid reports that chief executive Leo Apotheker, hired less than a year ago, could be on his way out.

Hewlett-Packard begins Palm unit layoffs

Hewlett-Packard said Tuesday that it has begun laying off workers as part of its move to give up on the webOS mobile operating system it got when it bought Palm.

Cisco cuts long-term sales growth forecast

(AP) -- Cisco Systems Inc. lowered its long-term sales forecast on Tuesday, acknowledging that its days of heady growth won't return in the foreseeable future.

Gartner sharply lowers 2011 PC growth forecast

Technology research firm Gartner has sharply lowered its forecast for personal computer sales growth for 2011, citing the weak economy and the impact of tablet computers.

Hewlett-Packard overhaul exposes underdog status

(AP) -- Hewlett-Packard, one of the world's largest technology companies, finds itself the underdog as it ditches most of its consumer businesses to become more like the well-oiled, corporate-focused machines of rivals IBM ...

HP shares plunge on Wall Street

Hewlett-Packard shares plunged 20 percent on Wall Street on Friday after the world's top personal computer maker announced a strategic shakeup that includes spinning off its PC business.

In nod to IBM, HP overhaul minimizes consumers

(AP) -- Hewlett-Packard Co. is surrendering in smartphones and tablet computers and has put its personal computer division up for sale, as new CEO Leo Apotheker tries to transform the Silicon Valley stalwart into a twin ...

Hewlett-Packard reports higher 3Q earnings

(AP) -- Hewlett-Packard Co. reported an increase in its third-quarter net income on Thursday, but the technology company gave a lower-than-expected outlook for the current quarter and cut its outlook for the year for the ...

HP to end mobile products, may sell PC division (Update)

In a dramatic reshuffling, Hewlett-Packard Co. said Thursday that it will discontinue its tablet computer and smartphone products and may sell or spin off its PC division, bowing out of the consumer businesses.

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