HP ready for battle with tablet-laptop hybrids, says Whitman

Hewlett-Packard (HP) CEO Meg Whitman came out swinging in HP's earnings conference call.

In addition to the Windows 8 business tablet above, HP will bring out two consumer laptop-tablet hybrids, CEO Whitman said today.
(Credit: HP)

"We are under attack by very strong competitive pressures, and we are going to respond," Whitman said when asked by an analyst about the PC business.

The company will respond with "two tablets, if you will, combined with laptops for the consumer space," according to Whitman.

This is in addition to the Windows 8 business tablet that HP has already discussed (see photo above).

She added that HP has "one of the best product line-ups we've had in the PC business for a long time," referring to the company's swelling ultrabook line-up.

HP reported today that revenue declined had five per cent to US$29.7 billion, compared with US$31.2 billion last year. Adjusted profit was US$1 a share.

The company's results included one-time charges of US$10.8 billion, or US$5.49 a share.

Analysts were expecting an adjusted profit of 98 cents a share, on revenue of US$30.2 billion.

Via CNET.com

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