HP Set To Split Into Two Entities From November

HP Announces That It Will Finally Split Into Two Wings From NovemberHewlett-Packard Co has announced that its board has sanctioned the previously declared split of the company into two distinct entities. The two enterprises have been split into two sections–printers and computers in one, while services plus corporate hardware forms another group. HP announced on Thursday that it anticipates a split into HP Inc and Hewlett Packard Enterprise Co to be complete by November 1.

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Right after the announcement, HP Enterprise that comprises corp hardware and its services business will soon initiate trading on New York Stock Exchange under the HPE ticker symbol. HP shareholding individual will now get access to a share of HP Enterprise for every share they hold as of October 21. This tax-free distribution system will be as per a pro-rata basis, the company board announced.  The split had already been announced last year in October but the final leg has been confirmed only now. HP has been struggling over the years for adjusting to the computing age after the PC has been written off as we had known it in the wee-days.

Summing Up The Trading Story

Hewlett-Packard also announced that it expected its Enterprise arm to begin trading as per the “when issues” basis under the ticker symbol HPE WI. The share unit pricing stood at 25.61 dollars—unchanged—during pre-market trading on Thursday last week. Last week, around Wednesday, the stock pricing had plummeted by about 27 per cent since October 3rd. this was the last trading day before the company announced its split.

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Is Window 8 The Next Big Thing? After Dell’s Latitude It Is HP’s Envy m4 Which Will Run On It

Hewlett-Packard has added new devices to its line-up of Windows 8 PCs and laptops. This time, the latest addition is the new Envy m4 and two Pavilion Sleekbooks.

The new HP Envy m4 notebook is designed with a choice of Intel Ivy Bridge Core i3 and Core i5 processors. Sporting a display of 14-inch, this notebook offers clarity with a resolution of 1,366×768 pixels. It comes with up to 8GB of RAM, choice of a solid state drive or up to 1TB HDD for storage, and an optical drive.

Other built-in features include Beats Audio, HP Cool Sense technology and ProtectSmart- the hard drive protection feature.

The new HP Envy m4 notebook will launch in the US on Oct. 26th at a price of $899.99.

HP also introduced two ultra-slim laptops in the Sleekbook category. The Sleekbook 14 and the Sleekbook 15 are smooth and sleek laptops, which are encased in a range of color choices.

The HP Sleekbook 15 will run on the Intel Ivy Bridge processors, while the Sleekbook 14 will be powered by the newer AMD Accelerated Processors series (Fusion APUs).

Both the devices will offer optional Nvidia graphics, up to 1080p displays, up to 8GB of RAM and up to 1TB of HDD storage. They are expected to have a battery life of around six hours.

These new Sleekbooks are expected to arrive in the US on Oct. 26th, the same day as the HP Envy m4 notebook. The Sleekbook 14 price starts at $499.99, while the the Sleekbook 15 version starts at $599.99.

There is no mention of the release date of these latest devices by HP in India as yet.… Read the rest

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HP Unveils SpectreONE, Envy 23 and Envy 20 PCs, With Touchscreen and NFC

At the August end, Hewlett-Packard announced the launch of its Windows 8 Ultrabooks- two with touchscreens and one a hybrid PC. And now HP is unveiling its all-in-one touchscreen PCs today.

These latest and innovative desktops are aimed to offer all functions to users in one. Use these smart, thin, and curvy computers in the kitchens or family rooms where space is tight. These desktops are sleek objects of desire and are made to attract and inspire!

Let’s take a look at the specifications of the SpectreONE, the Envy 20, and the Envy 23 desktops offered by HP.

A top-of-the-line PC, the HP SpectreONE is a high-end machine. With a cool and sexy look, the HP SpectreONE sports a 23.6-inch HD display, with the glass flush to the edge of the screen. The 11.5 millimeters of thickness makes it the thinnest desktop available.

The HP SpectreONE is designed with a wireless trackpad. But it’s also important to note that this PC is not touchscreen.

The design of this machine gives it a cool, entertaining, and powerful look. It’s made with the latest Intel processor, an Nvidia 1-gigabyte graphics card, and optional ExpressCache and option solid state drive storage.

Its skill to identify near field communications (NFC) wireless technology makes it a great choice. HP says that the TouchZone NFC technology also works with NFC-equipped smartphones. Users can sync a smartphone’s content with the desktop just by tapping the phone on the computer’s reader.

The list of features does not end here. There are also two universal serial bus (USB) 2.0 ports, two USB 3.0 ports, high-definition multimedia interface-in (HDMI) and a Beats Audio headphone jack in the SpectreONE. This stylish computer comes with a two-year subscription to Norton Internet Security and HP SmartFriend service for 90 days, both for free! The price range of this version starts at $1,299.

Other desktops, the HP Envy 23 and HP Envy 20 unveiled by HP are also cool. They both come equipped with the latest Intel processors, ExpressCache, and solid-state drives for fast wake-up.

These all-in-ones are designed to spot 10 fingers at once. Their names come from Voodoo PC after it acquired the maker of gaming PCs. The HP Envy 20 has a 20-inch diagonal high-definition display, while the HP Envy 23 has a slightly bigger 23-inch display. The hard drives can store up to 3 terabytes of data. Both also offer Beats Audio for audiophiles.

You can grab the HP Envy 20 for $799 and the HP Envy 23 for $999.

The HP Envy 20 has a cool feature of being connected with a remote, which lets users use a smartphone or tablet as a remote control. Once the app is started, users can wirelessly control music, movies and photos over the desktop. Quite a cool innovation!

Slated to hit the market this October, these computers will run Microsoft’s Windows 8.… Read the rest

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4,000 Employees at HP Go Jobless, More Layoffs Expected….

Hewlett-Packard swung to a low of $8.9 billion in the third fiscal quarterly as the sales of its computer division steeps, which marks the biggest loss that HP saw in 73-year history.

In an initiative to get back on track, HP decided to cut jobs of around 4,000 employees during its third fiscal quarter. The technology giant hopes to slash its employee count by 27,000 employees by the end of 2014.

Disclosing the updated numbers in an earnings conference call, Meg Whitman, the chief executive of HP said that the company expects about 11,500 employees to depart this fiscal year, ending Oct. 31, in contrast to the earlier estimate of 9,000 employees.

Currently, HP has employed around 350,000 people.

Inflow and outflow of the tech giant does affect the overall job market, particularly in Silicon Valley.

Whitman pointed that the company is trying to fix its sales force, and this has put an impact on results in the near term. HP worked on to grow various segments during the quarter including storage, networking, commercial printer ink sales, and “hyperscale” services.

Pricing in hardware is still difficult, but HP believes it gained market share in high-end PC sales.

The headwinds will continue in the fiscal fourth quarter, so the company now predicts its earnings per share to be at the low end of the previously predicted range.

HP continues to revamp its enterprise unit, though the mainstream server business continues to be weak.

The firms’ Ink Advantage sales have also improved following a new affordable pricing plan in emerging markets. HP is pushing heavily into cloud and information businesses, and it has 750 customers for its HP CloudSystem service.

The firm has also targeted cloud services at airline companies with HP Converged Cloud services. Throwing light on this Cloud service, Whiteman said that this hybrid delivery approach to the cloud is exclusively made to facilitate airlines create new revenue streams, deliver better service to their customers, lower their costs, and increase productivity.… Read the rest

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