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...understand the hype, take a look at Hewlett-Packard's experience with forecasting monthly sales. A few years back, HP commissioned Charles Plott, an economist from the California Institute of Technology, to set up a software trading platform. A few dozen employees, mostly product and finance managers, were each given about $50 in a trading account to bet on what they thought computer sales would be at the end of the month. If a salesman thought the company would sell between, say, $201 million and $210 million worth, he could buy a security--like a futures contract--for that prediction...
...millions of pixels tightly packed together. When struck by light, each pixel generates an electric current that is converted into the digital data that make up your picture. But not all pixels are created equal, and some cameras use larger ones than others. For example, the pixels on the HP Photosmart R707 measure just 2.8 microns wide, whereas those on the Nikon D70 are 7.8 microns wide. (A micron is tiny--1/24,500 of an inch.) The advantage of a larger pixel is that it is able to pick up more information about the image it is sensing...
...During each of the next three years, Hewlett-Packard CEO Carly Fiorina can accrue up to 150% of a nearly $2 million cash award if she meets certain criteria for operating cash flow. But she will collect the full amount only if at the end of the three years HP stock has outperformed at least half the companies in the S&P 500. IBM is now granting its top 300 senior executives stock options that are priced 10% above market value, an uncommon practice that makes it harder for execs to cash out. Compensation committees, partly to shield themselves from...
Lydic said he thinks the new center will be very user friendly, but warns that students with a hardware problem will have to leave their computer at the center to be checked. The center will accept computers on warranty from IBM, Apple, HP and Gateway, printers on warranty from Epson, and will repair computers by any major manufacturer without warranty at a cost to the student, Lydic said...
When Fiorina took over HP, it had known decades of success, and still credited its legendary "HP Way" culture for much of it. But its recent performance was pale, and its future unsure. So Fiorina adapted the HP way to her way. Taking "Invent!" as the rallying cry, she invented a new future. The board, which had recruited her, was ready to back her; but a family-led shareholder battle required Fiorina to have the courage to collide with history and high emotions. She emerged stronger, and so far so has the company. Producing $3.5 billion of merger savings after...