Meg Whitman’s Audacious HP Revival Plans

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By Douglas A. McIntyre Updated Published
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Meg Whitman’s plans to revive Hewlett-Packard Co. (NYSE: HPQ) have become audacious. Various media report that she believes a more attractively designed family of PCs will bring back customers who have deserted to the Mac or to portable wireless devices. HP’s new line would get individual consumers and businesses to come back to laptops and desktops. Or, perhaps she believes HP can take significant share from Dell Inc. (NASDAQ: DELL), Lenovo and Acer.

In an interview with Fox Business, Whitman also said HP will reenter the smartphone business. For some reason, she thinks that HP can best products from Apple, Samsung, HTC, Motorola, Nokia Corp. (NYSE: NOK) and a cast of smaller smartphone companies, which usually have products that run on Google Inc.’s (NASDAQ: GOOG) Android OS. HP would have to rely on its widely known brand name to pull off a successful launch. But that brand has been badly tarnished.

Douglas A. McIntyre

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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