It has been reported by The Globe and Mail that Hewlett-Packard (HP) is not impressing its shareholders because of slow recovery. Analysts are not expecting any growth in the near future. CEO, Meg Whitman, blamed Léo Apotheker, former CEO of HP, for Hp’s market slowdown. According to the research firm, Gartner, HP is falling behind, Lenovo Group Ltd. which is the biggest PC company by market share. According to Seattle Times, HP’s stocks have been trading at its lowest in a decade. Shares for HP could be falling due to Mcirosoft’s Windows 8 release.
Hewlett-Packard logo.
I agree Microsoft is a factor for HP’s letdown. But HP should have known that placing itself in the fast paced technological industry. Even worse for HP is that the company has not been strong at producing tablets, which are now becoming popular among customers. Microsoft also released their own tablet, the Surface. This drives away customers from purchasing a Windows based tablet from third party manufacturers towards Microsoft itself. If Hp is looking to pull in shareholders, it better get in the game innovating products better than other companies.
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