08/18/2011, 06:08 pm
After just nine months on the job, HP's chief executive Léo Apotheker announced plans to radically shift the company away from the shrinking PC market, drop its mobile competition to the iPad and iPhone entirely, and instead focus on its online services, printing and software businesses.
08/18/2011, 04:08 pm
HP's announcement that it will spin off its PC business stems from the razor-thin operating margins of just 5.7 percent the company has collected from its massive -- but not highly profitable -- computer sales.
08/18/2011, 02:08 pm
Hewlett Packard, the world's largest PC maker, has announced plans to spin off its PC business and scrap its recently acquired webOS smartphone and TouchPad tablet business to focus on software and services.
08/16/2011, 11:08 pm
Best Buy is reportedly unhappy with HP after having sold just 25,000 of the PC maker's TouchPad tablets and is unwilling to pay for the more than 240,000 unsold units, according to a new report.
08/15/2011, 11:08 pm
Faced with growing inventory due to sluggish sales, the makers of tablets competing with Apple's iPad are said to continue to cut prices in order to reduce losses, potentially sparking an industry-wide price war, according to a new report.
08/11/2011, 03:08 am
After teasing a "major news announcement" for the company, HTC CEO Peter Chou revealed that it has acquired a $300 million majority stake in audio technology company Beats Electronics, with the first HTC product to implement Beats technology due out later this year.
08/10/2011, 09:08 pm
After receiving positive response to a temporary $100 price cut on its webOs-based TouchPad tablet, HP has decided to make the discount permanent as it aims for the No. 2 spot in the tablet market, behind Apple's iPad.
08/05/2011, 08:08 am
Just over a month after the HP TouchPad hit the market, its price has been cut by one-fifth for a special weekend sale intended to boost sales of the iPad-competing tablet.
08/03/2011, 09:08 pm
Apple on Wednesday issued QuickTime 7.7 for Windows and Mac OS X Leopard, as well as a batch of driver updates for printers and scanners from Samsung, HP and Brother.
08/02/2011, 04:08 pm
As hardware makers struggle to compete with the iPad in terms of sales, they also can't match Apple's design efficiency, which helps to keep the iPad's costs down, one analysis has found.
07/29/2011, 12:07 pm
Windows-based PC makers looking to challenge Apple's extremely successful line of ultra-lightweight MacBook Airs with designs based on Intel's "Ultrabook" platform are losing hope that they'll be able to do so and still turn a profit on sales of the notebooks any time this year.
07/27/2011, 09:07 pm
Analysts for investment bank UBS raised their 2011 forecast for Apple's iPad on Wednesday, predicting total sales of 37.9 million units for a projected 63 percent market share.
07/05/2011, 12:07 pm
Former Palm CEO and current HP executive Jon Rubenstein sent a letter to employees addressing lukewarm reviews of its new TouchPad tablet, and suggested that criticism of its webOS operating system is similar to complaints reviewers had with early versions of Mac OS X.
07/01/2011, 07:07 am
Apple is expected to dethrone market leader HP in terms of global notebook shipments next year, if the iPad is categorized as a portable computer.
06/30/2011, 11:06 pm
An HP executive said Thursday that the TouchPad tablet is not meant to take the market away from the iPad and is instead aimed at the enterprise, while a new report claims Apple is set to overtake HP next year as the world's leading portable PC vendor, if iPads are taken into account.
06/29/2011, 11:06 pm
Hewlett Packard's entry into the tablet market has drawn praise for its external beauty and criticism as reviewers dug beneath the surface, with one journalist calling the device a "mediocre tablet."
06/24/2011, 12:06 pm
Apple has a tall order ahead of it if the company ever plans to challenge some of its larger rivals in personal computer market in terms of volume shipments, but the profit the Mac maker currently takes home from the sale of each system may already be enough to spook its competition.
06/17/2011, 08:06 pm
According to one analyst, the market for consumer tablets could top 215 million units by 2015, with the iPad expected to dominate the market's explosive growth.
05/17/2011, 10:05 am
PC maker Hewlett-Packard reportedly looked at the new high-speed Thunderbolt port created by Intel and Apple, but has decided for now to stick with USB 3.0.
05/09/2011, 08:05 am
A new survey ranks Apple as the world's most valuable brand, worth an estimated $153 billion, beating mainstays like Coca-Cola, BMW and Disney, as well as tech rival and the previous No. 1 company, Google.