Company

Hewlett-Packard

Description

It was another tough year for the world’s largest computer manufacturer after taking not one, but two, $8 billion writedowns on botched acquisitions in 2012. Those bad bets -- on EDS and Autonomy -- couldn’t have come at a worse time: as the market for HP’s PC and printer business is drying up. HP’s relatively new CEO Meg Whitman is attempting to correct HP’s course through cost-cutting and a push into new product areas like cloud computing, but she’s already cautioned it will be 2014 before the company sees results.



Headquarters

3000 Hanover St. Palo Alto, CA. 94304 650-857-1501

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