What to Make of H-P's 'Tough Q3' Memo

18.05.2011

Apotheker became CEO on Nov. 1, outlining an approach earlier this year that involved expanding software and building up the market for Internet-delivered computing.

Hewlett-Packard plans to put its WebOS mobile software onto a broader range of products, ramping up output to more than 100 million devices a year, he said.

Also, a cloud-computing service is designed to allow developers to create their own applications for consumers and businesses running on HP servers.

Further, H-P announced a 50% hike in its dividend.