Hewlett-Packard to ditch tablets, smartphones, possibly sell PC division, in massive overhaul
Jordan Robertson, AP Technology Writer,
Thursday August 18, 2011, 11:30 pm EDT
SAN FRANCISCO (AP) -- Hewlett-Packard Co. is surrendering in smartphones and tablet computers and has put its personal computer division up for sale, as new CEO Leo Apotheker tries to transform the Silicon Valley stalwart into a twin of East Coast archrival IBM Corp.
The restructuring announced Thursday contains an unmistakable message: HP has failed to cater to both consumers and corporations. As a result, it needs to exit most of its consumer businesses, just as IBM did six years ago.
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