Word: hp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Listwin set out to fix the software, adopted a more conservative revenue model and made lucrative deals with such companies as HP, IBM, Lucent, Siemens and Sprint. In Japan, phone giants KDDI and J-Phone fed the craze for multimedia messaging--sending enhanced cell-phone snapshots to your friends--with Openwave software. Openwave's annual revenue has stabilized at $250 million. The stock is back above $2. Multimedia messaging is just starting to take off in the U.S. and Europe, via Sprint and Nokia. Analysts expect Openwave to be fully profitable in 2004. Perhaps then Listwin can afford to celebrate...
...only. The company slashed prices at home, then turned abroad. Competitors scoffed at the idea of selling direct overseas, but unit shipments to China, Japan, France and Germany were up 39% in the first quarter over the same period last year. The product mix expanded too. Dell took on HP and IBM in servers and services, and teamed up with EMC on storage...
...linchpin of Palmisano's strategy is Big Blue's services business, which already accounts for about half the company's revenue. By shrewdly purchasing PWC's consulting business on the cheap at the bottom of the market--only a couple of years after HP had considered buying it for five times the price--Palmisano acquired a wealth of industry-and-process expertise, as well as a valuable Rolodex of high-level CEOs and CFOs who increasingly make big IT purchasing decisions...
Capellas started job hunting this summer, says an industry insider knowledgeable about HP's inner workings, partly because the firm's reorganization had left him with little to do. Two other executives have largely directed day-to-day operations, says this source, while Capellas spent most of his time on the road, reassuring large clients. Capellas, however, says he was approached by WorldCom executives at a birthday party in October and that "at no point did I job search." With five division heads reporting to him, he says, he was very much responsible for directing the integration...
...HP's bulls are betting that Fiorina does not need Capellas to boost HP's profits. Capellas is a "good friend who brought many talents and a lot of enthusiasm to this endeavor," she said in a memo to employees. She also noted, "I have great confidence in our ability to continue to execute the strategies and plans we have put in place." It was vintage Fiorina, warning her cynics and doubters that they're not going to make any money by underestimating...