Login

HP board reportedly mulling breakup of company (update)

hp logo

When Meg Whitman took the helm as HP's CEO, she famously reversed the decision of her predecessor, Leo Apotheker, to spin off the company's consumer PC business. But according to Quartz, HP's board is again toying with the idea of a breakup — a move directors apparently think could improve the financial outlook for shareholders. Quartz Editor-in-chief Kevin Delaney and Gina Chon write that HP's board is considering a variety of breakup scenarios, though it appears executives first want to give Whitman a chance to return HP to profitability as a cohesive unit — a goal she's expressed as unlikely in 2013.

Even so, HP regaining momentum would likely put to rest any prospects of a company split, so the rumor shouldn't be taken as gospel just yet. But combined with Dell's new path forward (which HP criticized earlier today) it does reiterate how yesterday's PC manufacturers are devising ways to keep afloat in today's "post-PC" era.

Update: AllThingsD, however, says that HP isn't considering anything of the sort right now, citing a source familiar with the matter.

The Verge
X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.