HP CEO Meg Whitman: 2012 Poses Several Hurdles

Hewlett-Packard (NYSE:HPQ) CEO Meg Whitman is calling 2012 a “reset and rebuilding year” after earnings. Though the company won’t put a number on it, they plan to make a substantial investment into research and development, and growing personnel and internal systems.

Whitman also believes 2012 could be a challenging year due to decreased European demand and flooding in Thailand that has slashed hard drive availability. “This is going to be disruptive for the industry in Q1 and Q2,” said Whitman. The CEO continued by saying the full impact of the Thailand floods was still unknown.

While hard drive shortages and reduced demand will affect all PC producers, Reuters also quoted Whitman on her internal problems. “We have got some HP-specific challenges. We have got to improve execution, we have got to turn our services business, we have got to manage down our IPG channel (imaging and printing group) inventory, we have got to turn around China.”

Here’s how HP and other computer manufacturer shares are trading now:

  • Hewlett-Packard Company (NYSE:HPQ): HPQ shares recently traded at $25.89, down $0.97, or 3.61%. Its market capitalization is $51.44 billion. They have traded in a 52-week range of $21.50 to $49.39. Volume today was 16,225,839 shares versus a 3-month average volume of 25,303,600 shares. The company’s trailing P/E is 6.08, while trailing earnings are $4.26 per share. The company pays a dividend of $0.48 per share for a dividend yield of 1.70%. About the company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide. Get the most recent company news and stock data here >>
  • Dell Inc. (NASDAQ:DELL): DELL shares recently traded at $14.76, down $0.11, or 0.74%. Its market capitalization is $26.76 billion. They have traded in a 52-week range of $11.34 to $15.98. Volume today was 5,520,820 shares versus a 3-month average volume of 23,925,500 shares. The company’s trailing P/E is 7.60, while trailing earnings are $1.94 per share. About the company: Dell Inc. offers a wide range of computers and related products. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $373.78, up $4.77, or 1.29%. Its market capitalization is $347.39 billion. They have traded in a 52-week range of $306.56 to $426.70. Volume today was 4,003,748 shares versus a 3-month average volume of 20,077,100 shares. The company’s trailing P/E is 13.50, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • Oracle Corp. (NASDAQ:ORCL): ORCL shares recently traded at $29.67, down $0.24, or 0.8%. Its market capitalization is $149.67 billion. They have traded in a 52-week range of $24.72 to $36.50. Volume today was 4,333,819 shares versus a 3-month average volume of 34,160,700 shares. The company’s trailing P/E is 16.88, while trailing earnings are $1.76 per share. The company pays a dividend of $0.24 per share for a dividend yield of 0.80%. About the company: Oracle Corporation supplies software for enterprise information management. The Company offers databases and relational servers, application development and decision support tools, and enterprise business applications. Oracle’s software runs on network computers, personal digital assistants, set-top devices, PCs, workstations, minicomputers, mainframes, and massively parallel computers. Get the most recent company news and stock data here >>
  • Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $24.82, down $0.18, or 0.72%. Its market capitalization is $208.75 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 11,015,738 shares versus a 3-month average volume of 56,709,900 shares. The company’s trailing P/E is 9.02, while trailing earnings are $2.75 per share. The company pays a dividend of $0.80 per share for a dividend yield of 3.20%. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>

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