Tag Archives: hewlett-packard

Facebook is inching closer to a $100 Billion valuation, more than twice that of HP, 3M, and others. What could it mean for users?

2 Dec

The Wall Street Journal this week quoted unnamed sources who said Facebook is “inching closer” to a public offering, in spring or early summer, that would value the company at more than $100 billion.

According to the report, Facebook would look to raise a staggering $10 billion during its initial public offering. A $100 billion valuation would price the social-networking giant at more than twice the value of tech institutions such as Hewlett-Packard Co. and 3M Co., the Journal reported.

via What would a publicly traded Facebook mean to users? – CNN.com.

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Ugh. HP Touchpads only going on sale for $149.99 with purchase of an HP computer.

28 Oct

Customers can get the HP TouchPad for the low, low price of $149.99 with the purchase of an HP or Compaq Laptop, Desktop or All-in-One computer1. Customers can take advantage of this deal online at BestBuy.com, and at all Best Buy and Best Buy Mobile standalone stores nationwide.

via HP Drops Bundle of a Deal in Customers Laps at Best Buy | Reuters.

FLIP-FLOP! HP announces to keep its PC division! So when’s the next $99 TouchPad??!

27 Oct

“Hopefully this is a beginning of a set of events over the next year that demonstrates the board has a better grip on things,” Forrester analyst Frank Gillett said. “It didnt feel well thought out or well executed in August.

“Separating the PC business would have meant about $1.5 billion in one-time expenses including establishing the infrastructure such as new systems for IT, support, sales and channel operations, a company spokesman said.

The elimination of joint opportunities — such as branding and procurement — would have cost HP over $1 billion annually, he said.

Some of the alternatives that HP was previously considering included hiving off the business into a separate company through a spin-off or sale.

via Bottom Line – HP decides to keep PC division.

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