Saturday, December 3, 2011

Hewlett-Packard (NYSE:HPQ) Planning Software Business Boom

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tdp2664 E money daily Hewlett-Packard (NYSE:HPQ) is eyeing a software business revenue leap. Hewlett-Packard (NYSE:HPQ) Planning Software Business Boom According to the latest media reports, the IT giant Hewlett-Packard (NYSE:HPQ) has plans to concentrate its software business with an eye to earn better revenue from the sector. Meg Whitman, Chief Executive, said that, “I want to double or triple our current revenue in software from the current level of $5 billion, without giving a timeline. The company had not made a decision on the future of its Palm web OS mobile software platform. It is complicated. We need a good decision, not a quick one.” Hewlett-Packard Co. (NYSE:HPQ) stocks were at 28.22 at the end of the last day’s trading. There’s been a 3.3% change in the stock price over the past 3 months. Hewlett-Packard Co. (NYSE:HPQ) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.82 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.81 Zack’s Rank: 1 out of 2 in the industry



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