Why Hewlett-Packard Will Never Be Great Again
Filed under: Company News, Technology, Hewlett-Packard, Market News
It was two years ago this week that Hewlett-Packard’s (HPQ) world was turned upside-down.
Then-CEO Mark Hurd — who had excelled at improving margins at the PC maker through shrewd cost-cutting and focusing on higher-margin businesses — was unceremoniously dismissed after filing bogus expense reports.
Things got ugly quickly after Hurd was gone. An inept CEO took his place, and investors paid the price for HP’s costly acquisitions and blowing more than $1 billion on its doomed webOS…
Why Hewlett-Packard Will Never Be Great Again originally appeared on DailyFinance.com on 2012-08-08T14:35:00Z.
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