HP Explores Quitting Computers as Profits Slide

Posted in: Mobile & Wireless at 19/08/2011 19:07

Hewlett-Packard Co., the world's largest personal-computer maker, is exploring a spinoff of its PC business, an about-face that highlights how growth has pivoted from the computers that so long ruled the industry toward software and mobile devices, where H-P has largely failed to compete.

H-P said its board is evaluating strategic options for its PC business, which could include a "full or partial separation." It also will abandon efforts to sell tablets and smartphones that challenged Apple Inc.'s iPad and iPhone.

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