Whitman pledges to turn around HP 'by 2016' as shares plummet to nine-year low

Sooraj Shah
clock • 2 min read

CEO merry-go-round is to blame for revenue slump, says Whitman

HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman - the...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
IBM in court bid to shut down Software-Defined Mainframe threat to its 'big iron' gravy train

Legislation and Regulation

IBM claims that LzLabs’ IBM-compatible mainframe-in-the-cloud infringes its intellectual property rights

clock 29 April 2024 • 3 min read
IT Essentials: Of Mickey Mouse and mainframes

Virtualisation

Old rides, like old tech, compare poorly to their successors

clock 29 April 2024 • 3 min read
Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Finance and Reporting

Microsoft and Google see AI investments bearing fruit

clock 26 April 2024 • 4 min read

More on Strategy

All change? The CIO challenge in the next five years

All change? The CIO challenge in the next five years

The new CIO is one who shapes strategy, rather than having it forced upon them

Ankur Anand
clock 30 April 2024 • 5 min read
How to manage a business during hyper growth

How to manage a business during hyper growth

IT leadership helped double production and sales

Samara Lynn
clock 29 April 2024 • 2 min read
Asian Tech Roundup: Australia's and India's encryption backdoor plans

Asian Tech Roundup: Australia's and India's encryption backdoor plans

Plus, China and Japan in race to put humans on the moon again

clock 19 April 2024 • 4 min read