HP to unveil new product SPROUT Inmmersive Computer 23 and more next week

HP CEO Meg Whitman said the company will explore "new  computing experiences" and for making a start HP will demonstrate a new product called SPROUT at an event in New York in October 29. The product will be offered for businesses an also high end customers (professionals). 

What is HP SPROUT Inmersive Computer 23?

SPROUT is a combination of touch enabled desktops PCs with a flat touch work surface and a overhead assembly that combines a projector and a 3D scanner. Something like an "Inmmersive computer"

The overhead device project images downward  onto the work surface which users can manipulate with their hands or wioth a stylus.

They can resizes pictures, move elements around and change colors.

They can also easily add new elements to the images by scanning objects or other images directly on the work surface. This is where the overhead 3D  scanner comes into play.

Adding an image is as easy as placing it on the work surface where it can be scanned and then included in whatever the user is working on. 

SPROUT  will run Windows initially. Future versions could work on Google`s Chrome, OS too.     

Businesses could use it to show customers different options of product and help make buying decisions. A decorator or home improvement store could use a photo of a room in someone’s home to show how it would look with different paint or wallpaper options. Fashion retailers could show exactly how a customer would look wearing a dress or jewelry. But it will also be marketed to companies for creating better presentations and to teachers, people familiar with HP’s plans say.

The product is also intended to demonstrate HP’s ability to break away from the pack in the personal computing business, where most vendors focus on notebooks, tablets and desktops, which generally compete with other manufacturers on price.

Sprout will be one of several products that HP demonstrates at the event in New York next week.

recode

HP To Separate Into Two New Industry-Leading Public Companies: Hewlett Packard Enterprise and HP Inc.

Press Release:

HP To Separate Into Two New Industry-Leading Public Companies.

Hewlett-Packard Enterprise will define the next generation of technology infrastructure, software and services for the New Style of IT 

HP Inc. will be the leading personal systems and printing company delivering innovations that will empower people to create, interact and inspire like never before 

Strategic step provides each new company with the focus, financial resources and flexibility to adapt quickly to market and customer dynamics while generating long-term value for shareholders

Highlights: 

• Hewlett-Packard Enterprise will build upon HP’s leading position in servers, storage, networking, converged systems, services and software as well as its OpenStack Helion cloud platform 
• Meg Whitman to be President and Chief Executive Officer of Hewlett-Packard Enterprise; Pat Russo to be Chairman of Hewlett-Packard Enterprise Board 
• HP Inc. will be the leading personal systems and printing company with a strong roadmap into the most exciting new technologies like 3D printing and new computing experiences 
• Dion Weisler to be President and Chief Executive Officer of HP Inc.; Meg Whitman to be Chairman of the HP Inc. Board 
• Company reiterates fiscal 2014 non-GAAP diluted net earnings per share (EPS) outlook of $3.70 to $3.74 and updates GAAP diluted net EPS outlook to $2.60 to $2.64 
• Company issues fiscal 2015 non-GAAP diluted net EPS outlook of $3.83 to $4.03 and GAAP diluted net EPS outlook of $3.23 to $3.43 

Palo Alto, Calif., October 6, 2014 – HP (NYSE: HPQ) today announced plans to separate into two new publicly traded Fortune 50 companies: one comprising HP’s market-leading enterprise technology infrastructure, software and services businesses, which will do business as Hewlett-Packard Enterprise, and one that will comprise HP’s market-leading personal systems and printing businesses, which will do business as HP Inc. and retain the current logo. Immediately following the transaction, which is expected to be completed by the end of fiscal 2015, HP shareholders will own shares of both Hewlett-Packard Enterprise and HP Inc. The transaction is intended to be tax-free to HP’s shareholders for federal income tax purposes. 

Today’s announcement comes as HP approaches the fourth year of its five-year turnaround plan. Over this time, the company has executed successfully against its turnaround objectives, keeping customers and partners at the forefront. HP has reignited its innovation pipeline, strengthened its go-to-market capabilities, rebuilt its balance sheet, and inspired its workforce and management teams. The company is now positioned to accelerate performance, drive sustained growth and demonstrate clear industry leadership in key areas. 

“Our work during the past three years has significantly strengthened our core businesses to the point where we can more aggressively go after the opportunities created by a rapidly changing market,” said Meg Whitman, Chairman, President and Chief Executive Officer of HP. “The decision to separate into two market-leading companies underscores our commitment to the turnaround plan. It will provide each new company with the independence, focus, financial resources, and flexibility they need to adapt quickly to market and customer dynamics, while generating long-term value for shareholders. In short, by transitioning now from one HP to two new companies, created out of our successful turnaround efforts, we will be in an even better position to compete in the market, support our customers and partners, and deliver maximum value to our shareholders.” 

Both companies will be well capitalized and expect to have investment grade credit ratings and capital structures optimized to reflect their distinct growth opportunities and cash flow profiles. The separation into independent publicly traded companies will provide each company with its own, more focused equity currency, and investors with the opportunity to invest in two companies with compelling and unique financial profiles well suited to their respective businesses. 

Management Structure 

Meg Whitman, President and Chief Executive Officer of HP, and Cathie Lesjak, Chief Financial Officer of HP, will hold these positions with Hewlett-Packard Enterprise. When the separation is complete, Whitman will also serve on the Board of Directors of Hewlett-Packard Enterprise, and Pat Russo will move from Lead Independent Director of HP to Chairman of Hewlett-Packard Enterprise. 

Dion Weisler, Executive Vice President of HP’s Printing and Personal Systems business, will lead HP Inc. as President and Chief Executive Officer. Whitman will serve as non-executive Chairman of HP Inc.’s Board of Directors. 

Hewlett-Packard Enterprise 

Hewlett-Packard Enterprise will have a unique portfolio and strong multi-year innovation roadmap across technology infrastructure, software and services to allow customers to take full advantage of the opportunities presented by cloud, big data, security and mobility in the New Style of IT. By leveraging its HP Financial Services capability, the company will be well positioned to create unique technology deployment models for customers and partners based on their specific business needs. Additionally, the company intends for HP Financial Services to continue to provide financing and business model innovation for customers and partners of HP Inc. 

Customers will have the same unmatched choice of how to deploy and consume technology, and with a simpler, more nimble partner. The separation will provide additional resources, and a reduction of debt at the operating company level, to support investments across key areas of the portfolio. The separation will also allow for greater flexibility in completing the turnaround of Enterprise Services and strengthening the company’s go-to-market capabilities. 

“Over the past three years, we have reignited our innovation engine with breakthrough offerings for the enterprise like Apollo, Gen 9 and Moonshot servers, our 3PAR storage platform, our HP OneView management platform, our HP Helion Cloud and a host of software and services offerings in security, analytics and application transformation,” continued Whitman. “Hewlett-Packard Enterprise will accelerate innovation across key next-generation areas of the portfolio.” 

HP Inc. 

HP Inc. will be a proven leader in the personal systems and printing markets with exciting new technologies on the horizon. The new company’s strong profitability and free cash flow will enable investments in growth markets such as 3-D printing and new computing experiences. At the same time, HP Inc. will continue to execute against a well-defined and established strategic plan, ensuring continuity for customers and consistent value to shareholders. 

“Since assuming responsibility for the Printing and Personal Systems Group, Dion and his leadership team have done an excellent job of building our relationships with customers and channel partners, segmenting the market and driving product innovation,” added Whitman. “The creation of HP Inc. will only accelerate the progress the team has made.” 

“This is a defining moment in our industry as customers are looking for innovation to enable workforces that are more mobile, connected and productive while at the same time allowing a seamless experience across work and play,” said Weisler. “As the market leader in printing and personal systems, an independent HP Inc. will be extremely well positioned to deliver that innovation across our traditional markets as well as extend our leadership into new markets like 3-D printing and new computing experiences – inventing technology that empowers people to create, interact and inspire like never before.” 

Transaction Details

The separation transaction is intended to be tax-free to HP shareholders for federal income tax purposes. The transaction is currently targeted to be completed by the end of fiscal 2015, subject to certain conditions, including, among others, obtaining final approval from the HP Board of Directors, receipt of a favorable opinion and/or rulings with respect to the tax-free nature of the transaction for federal income tax purposes and the effectiveness of a Form 10 filing with the Securities and Exchange Commission. 

Goldman Sachs & Co. is serving as financial advisor and Wachtell, Lipton, Rosen and Katz is serving as legal advisor to HP. 

For more information, please see here. 

Financial Outlook 

For fiscal 2014, HP reaffirms its non-GAAP diluted net EPS outlook range of $3.70 to $3.74, and updates its fiscal 2014 GAAP diluted net EPS outlook to be in the range of $2.60 to $2.64. 

For fiscal 2015, HP estimates non-GAAP diluted net EPS outlook to be in the range of $3.83 to $4.03 and GAAP diluted net EPS outlook to be in the range of $3.23 to $3.43. 

HP’s outlook does not include one-time GAAP charges the company is expected to incur in connection with the separation, including advisory and tax costs which will be quantified at a later date. 

Investment Community Conference Call

For webcast details, go to www.hp.com/investor/2014OctAnnouncement/. 

HP Securities Analyst Meeting 2014 

HP also announced today that, as a result of the announcement of this separation, its October 8, 2014 Securities Analyst Meeting has been postponed.

Media contacts

• Sarah Pompei, HP
  sarah.pompei@hp.com

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers’ most complex challenges in every region of the world. More information about HP (NYSE: HPQ) is available at http://www.hp.com

Rumors: HP may launch an Android phatablet (smartphone) next week.

WorldWide Tech & Science. Francisco De Jesùs.

Concept phone.

In September 2012 Meg Whitman HP CEO said to FOX News (video above) that the company have to make an smartphone because in some countries it is their first device and don`t have a tablet or a PC and as a computer company HP will launch an smartphone in the right time.

Now the rumor comes from 9to5Google  about HP was on track to launch a smartphone between 6-7 inches small .

The Galaxy Note 3 that HP’s product is being compared to is 5.5 inches so we’d wager the screen is closer to 6-inches.

9to5Google says, they gotten word from inside HP that the company is set to release an inexpensive Android smartphone aimed at the prepaid and emerging (BRIC) markets.

They are hearing the street price will be around $200 and it will be released in more than one market. The source has pegged the launch at next week but delays can’t be ruled out at this point . 

Nokia Meego defector and new HP SVP Mobility  Alberto Torres is said to be heading up the group which has been working on the product for a year and a half.

Samsung Galaxy Note3 unlocked amazon store:

Video contest: We love HP webOS.

WorldWide Tech & Science. Francisco De Jesús.

This is the video I sent to precentral for the contest supporting HP webOS. A little dramatic for a change. I hope you like it:

Meet Lynn Anderson new HP´s Chief Communications Office.-Meg: It is critical that we speak with one voice.-

WorldWide Tech & Science. Francisco De Jesús.

Communications in August 18th was apparently a lost link inside HP headquarters and worldwide. Now Meg Whitman as new HP CEO is giving a tremendous importance in order to send and recieve any kind of  inside and outside information  with a unified HP´s voice.

Here is the memo from Meg Whitman where the word acting she is using, means for us  as an operational position:

To: Senior Leaders

Subject: Acting Chief Communications Officer

As we continue to execute our strategy for HP, communications will be an extremely important function and it is critical that we speak with one voice.

I want to thank Marty Homlish, EVP Global Marketing who stepped in and provided leadership during a critical junction. Going forward, I have asked Lynn Anderson to take on the role of acting Chief Communications Officer reporting directly to me.         Please ensure that Lynn is brought into all communications activities.

Regards,

Meg

Source: Allthingsd 

HP today audio webcast : HP names Meg Whitman President and CEO. Sign up.

WorldWide Tech & Science. Francisco De Jesús.

Financial analyst conference call details

HP will host an audio webcast for financial analysts and stockholders to discuss today’s announcement. Details are below:

When: Sept. 22, 2 p.m. PT / 5 p.m. ET

Sign UP on this link:

URL: www.hp.com/investor/briefing

It is recommended that attendees dial in 15 minutes early to avoid registration delays. 

Hewlett Packard Names Meg Whitman President and Chief Executive Officer Conference Call
Thursday, September 22, 2011, 5:00 pm EDT  

It´s Official: HP names Meg Whitman President and CEO

WorldWide Tech & Science. Francisco De Jesús.

       HP Names Meg Whitman President and Chief Executive Officer

Ray Lane appointed executive chairman; Léo Apotheker steps down as president, chief executive officer and director

PALO ALTO, Calif.--(BUSINESS WIRE)--HP (NYSE: HPQ) today announced that its board of directors has appointed Meg Whitman as president and chief executive officer.

“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP”

In addition, Ray Lane has moved from non-executive chairman to executive chairman of the board of directors, and the board intends to appoint a lead independent director promptly. These leadership appointments are effective immediately and follow the decision that Léo Apotheker step down as president and chief executive officer and resign as a director of the company.

“We are fortunate to have someone of Meg Whitman’s caliber and experience step up to lead HP,” said Lane. “We are at a critical moment and we need renewed leadership to successfully implement our strategy and take advantage of the market opportunities ahead. Meg is a technology visionary with a proven track record of execution. She is a strong communicator who is customer focused with deep leadership capabilities. Furthermore, as a member of HP’s board of directors for the past eight months, Meg has a solid understanding of our products and markets.”

Whitman said, “I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world.”

Speaking on behalf of the board, Lane said, “We very much appreciate Léo’s efforts and his service to HP since his appointment last year. The board believes that the job of the HP CEO now requires additional attributes to successfully execute on the company’s strategy. Meg Whitman has the right operational and communication skills and leadership abilities to deliver improved execution and financial performance.”

Financial analyst conference call details
HP will host an audio webcast for financial analysts and stockholders to discuss today’s announcement.

Details are below:
When: Sept. 22, 2 p.m. PT / 5 p.m. ET
URL: www.hp.com/investor/briefing

It is recommended that attendees dial in 15 minutes early to avoid registration delays.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of growth strategies, transformation initiatives and restructuring plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of growth strategies, transformation initiatives and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

Contacts

HP
Mylene Mangalindan, +1-650-236-0005
corpmediarelations@hp.com
or
HP
Michael Thacker, +1-650-857-2254
corpmediarelations@hp.com
www.hp.com/go/newsroom

Whitman Expected to Get HP CEO Nod After Markets Close.Not interim.

WorldWide Tech & Science. Francisco De Jesús.

Multiple sources close to the situation, said that, former eBay CEO Meg Whitman is poised to be named CEO of Hewlett-Packard later today after the markets are closed.

“Meg is not someone who wants to be a steward of a process to find another CEO for HP,” said one source.

 “She wants to run the company and be a strong leader for what she considers an important tech powerhouse.”

That makes sense, since at only 55 years old, sources said Whitman is not inclined to want to do a temporary fix-it job on a company as troubled and complex as HP.

Source: Allthingsdigital

Bloomberg: HP CEO candidates:Todd Bradley and David Donatelly. Meg Whitman interim leader.

WorldWide Tech & Science. Francisco De Jesús.

“It’s not going to be easy,” said Michael Mullaney, who helps manage $9.5 billion, including Hewlett-Packard shares, at Fiduciary Trust in Boston. “They have to go back and redefine what they want to be as a company, go back to the drawing board.”

Apotheker’s ouster would leave the board looking for a leader who can do a better job helping Hewlett-Packard weather a personal-computer slump while pushing further into the market for products that deliver computing services over the Web. CEO candidates may also include Todd Bradley, who runs Hewlett- Packard’s PC unit, and David Donatelli, head of the business in charge of servers, storage and networking, said Jayson Noland, an analyst at Robert W. Baird & Co. in San Francisco.

Other possible candidates that would make sense include Gary Moore, chief operating officer of Cisco Systems Inc., or Steve Mills, who runs the software unit at International Business Machines Corp., said Shaw Wu, an analyst at Sterne Agee & Leach Inc. in San Francisco.

Hewlett-Packard’s board plans to consider firing Apotheker, two people familiar with the matter said yesterday. It may appoint former EBay Inc. (EBAY) CEO Meg Whitman, a Hewlett-Packard director, to serve as an interim leader, said one of the people. 

Board Discussions

Hewlett-Packard directors met yesterday in committees and will gather today as a full board, according to a person close to the situation. Directors are concerned about the stock price and its lack of improvement under Apotheker’s leadership, the person said. Some top Hewlett-Packard executives also opposed the acquisition of Autonomy Corp., a deal pushed by Apotheker, according to the person.

Hewlett-Packard, based in Palo Alto, California, jumped $1.51, or 6.7 percent, to $23.98 yesterday on the New York Stock Exchange after Bloomberg reported the possible management change. The stock is still down 44 percent since Apotheker, 58, became CEO on Nov. 1, compared with the 1.5 percent decline in the Standard & Poor’s 500 Index.

A new CEO would be Hewlett-Packard’s seventh leader since 1999, when Carly Fiorina took over from Lewis Platt. Fiorina departed in 2005 and was replaced on an interim basis by Robert Wayman, until the company named Mark Hurd to the top job. After Hurd resigned, Cathie Lesjaktook the reins temporarily until Apotheker came aboard.

Source: Bloomberg.

Whitman is a done deal, Apotheker is out ?

WorldWide Tech & Science. Francisco De Jesús.

According to several sources close to the situation, former eBay CEO Meg Whitman is being considered by Hewlett-Packard directors as a possible candidate for CEO, in a move that would replace its current leader Léo Apotheker.

Wall Street seems to like the Apotheker ouster idea, with HP shares spiking almost eight percent on our news, as well as a simultaneous Bloomberg report. The rise has added almost $3 billion to HP's market valuation.

The appointment of Whitman — who is longtime and experienced Silicon Valley exec, who joined the board of Hewlett-Packard in January — to the top job at HP is by no means a done deal, sources said.

But a significant contingent on the board is keen to remove Apotheker after a what some directors consider is a series of management mishaps.

Source: Allthingsdigital