Is Facebook killing HP’s printer business?
Is Facebook killing HP’s printer business?
                                       

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Analyst values HP's stock at negative $2, calls the company worthless

Analyst On HP: 'They're Lucky The Stock Isn't At Zero' (HPQ)

www.businessinsider.com
HP this morning lost one of the few Wall Street analysts that was still giving it the benefit of the doubt. Sterne Agee analyst Shaw Wu downgraded his recommendation to neutral, telling us that HP's balance sheet is so awful, the company's stock is really worth negative $2. "Their balance sheet...
Analyst On HP: 'They're Lucky The Stock Isn't At Zero' (HPQ)

Kodak printers are gone, but the ink sells on

www.pcworld.com
If you own a Kodak inkjet printer, you probably bought it for the supercheap ink. So if there's any consolation to Kodak's announcement that it would stop selling inkjet printers, it's that Kodak promises to keep selling you ink. Ink will be available for several more years Kodak spokesperson...
Kodak printers are gone, but the ink sells on

Why Meg Whitman Is Glad To Be Out Of Politics (HPQ)

www.businessinsider.com
Meg Whitman is a billionaire who loves politics. She doen't need a job, much less being CEO of Hewlett-Packard, a troubled, iconic Silicon Valley tech company. Anne Thompson of the Today Show asked Meg Whitman why she took on the CEO job at HP. "Because HP matters," Whitman said, adding that...
Why Meg Whitman Is Glad To Be Out Of Politics (HPQ)

Kodak announces departure from inkjet printer market

www.electronista.com
Eastman Kodak filed documents today with the overseeing bankruptcy court to extend the deadline for completing its plan for reorganization until February 28, 2013. In the motion, Kodak described the "substantial progress" it has made toward its goals since filing for the Chapter 11 bankruptcy in January 2012, but it...
Kodak announces departure from inkjet printer market

Bankrupt Kodak bows out of the inkjet printer business

venturebeat.com
A month to the day after Lexmark axed its inkjet printer business, Kodak is doing the same. The company announced today that  it will end sales of its consumer inkjet printers next year. But Kodak isn’t completely of the game: Owners of Kodak printers will still be able to buy ink for their...
Bankrupt Kodak bows out of the inkjet printer business

Kodak dropping out of the consumer inkjet printer business in 2013

www.engadget.com
More gloomy news from Kodak: the company just announced that it will stop selling consumer inkjet printers in 2013 and instead focus its efforts on commercial printing products. This decision hardly comes as a surprise: Kodak filed for Chapter 11 bankruptcy earlier this year and attempted to auction off...
Kodak dropping out of the consumer inkjet printer business in 2013

HP's Turnaround Effort Fails To Plug The Leaks

www.readwriteweb.com
Has it been only one year since Meg Whitman took the reins at HP? The latest in a daisy chain of top executives, Whitman was charged with turning the company around after years of stagnation. More and more, her efforts look like someone tirelessly bailing water out of a leaky boat. Only the leak...
HP's Turnaround Effort Fails To Plug The Leaks

Lexmark to leave printer biz, lay off 1,700

www.electronista.com
Lexmark is exiting the inkjet printer business and will be refocusing its efforts to improve profitability. As PCWorld details, the printer company is leaving the consumer sector to focus on more profitable endeavors, including higher-margin products like multifunction printers, managed print services, and software. As a result, the company will...
Lexmark to leave printer biz, lay off 1,700
Lexmark kills off inkjet printer business in a restructuring move
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