Apotheker: HP PC Department will continue to operate
Source: Internet
Author: User
KeywordsHP as
Hewlett-Packard CEO Li Ai Sina Science and technology news in Beijing August 25 morning, Hewlett-Packard CEO Li Ai said, although the company plans to split the PC department, but he is confident that the department's operating conditions will continue, and may even be "better." "This is bad news for our competitors, but HP's PC business will continue for many years to come," he said in an interview with the Financial Times. "Apotheker is rushing to reassure investors, suppliers and customers. HP has shrunk one-fourth per cent since last week when it unveiled plans to split its PC division and announced it would buy British software company Autonomy at a price of $11 billion. HP's share price has fallen sharply since the plans were announced, and its share price earnings have fallen to the lowest level in large technology companies. Some analysts believe that HP itself may have been the target of acquisitions. Bankers say the outlook for HP's PC sector is bleak, and the biggest possibility is that the sector will be spun off to HP shareholders. Mr. Ai is keen to convince shareholders that this will give it a stake in two viable companies, the fast-growing enterprise software business and the stable PC business. HP's PC division is still the world's largest PC business by sales, and the department is likely to be run by HP's current management. Apotheker also said HP remains committed to its webOS operating system. Although no longer produces mobile devices, HP plans to continue to develop software platforms that could become an independent competitor for Apple's iOS and Google's Android system. Apotheker said he did not think the PC business would end and urged that independent PC business could respond more quickly to consumer trends. But he will focus on the rest of HP's business, which is to provide business customers with software, services and some hardware. The company said that by 2015, software revenues accounted for 8% to 9% of HP's total revenue, and that the acquisition of autonomy would be the cornerstone of that shift. Mr. Ai is planning to sell autonomy software outside the UK and the United States in two existing major markets, and to add autonomy file-critical software to existing storage systems or businesses. In addition, a large part of Autonomy's business is providing cloud computing services, and Apotheker hopes HP will grow in this area. (Tangfeng)
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