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Taiwanese PC maker Acer has its sights set on the world's top PC maker, Hewlett-Packard Co. (NYSE: HPQ). In fact, the company predicted a 30% increase in notebook PC shipments for this quarter as it introduces a new lineup of low-cost notebooks. Acer, which picked up PC makers Gateway and eMachines in recent years, suddenly vaulted into third place behind HP and Dell, Inc. (NASDAQ: DELL). It's not longer satisfied with being third, apparently.

Continue reading Acer set to challenge Hewlett-Packard for top notebook PC sales spot

Acer set to challenge Hewlett-Packard for top notebook PC sales spot originally appeared on BloggingStocks on Wed, 08 Apr 2009 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>AcerAcer laptopAcerLaptopGatewayhewlett-packardhewlett-packard labsHewlett-packardLabsHP LaptopsHpLaptopsHPQinthenewsWed, 08 Apr 2009 16:30:00 EST<![CDATA[Hewlett-Packard Q1 earnings dive 10%]]>http://www.bloggingstocks.com/2009/02/19/hewlett-packard-q1-earnings-dive-10/http://www.bloggingstocks.com/2009/02/19/hewlett-packard-q1-earnings-dive-10/http://www.bloggingstocks.com/2009/02/19/hewlett-packard-q1-earnings-dive-10/#commentsFiled under: ,

The world's largest PC maker, Hewlett-Packard Corp. (NYSE: HPQ), reported a 10% quarterly drop in earnings. In other words, welcome to the recession HP. Although the PC industry has been hammered along with every other industry in the global economic recession, HP has continued to shine, all things considered, in recent quarters. Reality hit this Wednesday after the market, however.

CEO Mark Hurd, an expert at containing costs and pressing into new business areas, is the right leader at the worst time in the company's recent history. Still, can any company weather the economic and consumer spending mess in progress? For HP, analysts who were expecting $0.93 per share for the company's first quarter saw a figure of $0.75 once HP let the results hit.

Continue reading Hewlett-Packard Q1 earnings dive 10%

Hewlett-Packard Q1 earnings dive 10% originally appeared on BloggingStocks on Thu, 19 Feb 2009 08:15:00 EST. Please see our terms for use of feeds.

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