Professor Elam

Friday May 22, 2015

H-P will split into two companies.  One will be the PC hardware side, the other the newer high tech e everything side. 

And H- will be taking first one billion in GAAP charges and then a second big bite of perhaps $2 billion. Sounds like a real house cleaning. It turns out Meg Whitman is not the 'celebrity CEO' that some claimed. Rather she has turned H-P around and brought the stock price back up.