Hewlett-Packard (HPQ) PSG Chief Says Unit Could Become Mature PC Player as Stand-Alone
Tweet
Share
E-mail
Get Alerts HPQ Hot Sheet
Price: $29.71 +0.81%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
Join SI Premium – FREE
Hewlett-Packard (NYSE: HPQ) Personal System Group (PSG) leader Todd Bradley made comments in a Chinese language Sina.com report recently.
Bradley thinks a spin-off of the unit makes sense, but the business is not suitable to sell to competitors, according to Digitimes.
Bradley hopes to continue leading the unit as an independent company, believing it will become a mature PC player sometime in the future. He also thinks Hewlett-Packard will produce another tablet PC.
Hewlett-Packard shares are trading 1.2 percent better Wednesday morning.
Bradley thinks a spin-off of the unit makes sense, but the business is not suitable to sell to competitors, according to Digitimes.
Bradley hopes to continue leading the unit as an independent company, believing it will become a mature PC player sometime in the future. He also thinks Hewlett-Packard will produce another tablet PC.
Hewlett-Packard shares are trading 1.2 percent better Wednesday morning.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bernstein on whether Hershey (HSY) could eventually step up to buy Mondelez (MDLZ)
- Two Harbors receives final approval for CrossCountry Mortgage merger
- Magna Holdings makes unsolicited bid for 31% of Yatra Online
Create E-mail Alert Related Categories
Mergers and Acquisitions, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
