So what brought about the pot-stirring internal memo? Well, it seems HP's struggled to keep up with the competition when it comes to consumer computer sales. Despite an increase in revenue in every other segment of the company's business, HP's Personal Systems Group (which covers enterprise and consumer sales) saw revenue decline five percent year-over-year, with the portion covering consumer computers down 23 percent. That might seem like a big dip, and it is, but Apotheker says the company is "excited by the tablet opportunities," continuing on to say that the impending release of the company's TouchPad "will be an exciting product release for HP." For now, we'll just have to sit back and see if the webOS slate has the stuff to pull HP out of the consumer computer lurch. Full PR after the break.
Continue reading HP releases 2011 Q2 earnings early, following leak of foreboding internal memo
HP releases 2011 Q2 earnings early, following leak of foreboding internal memo originally appeared on Engadget on Tue, 17 May 2011 17:18:00 EDT. Please see our terms for use of feeds.
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