It remains to be seen whether will pay off in the long run, but one things seems clear: the manner in which HP revealed its plans was ill-conceived at best. HP’s announcements sent its stock tumbling, and analysts continue to lose faith in the company as unrest builds. In a note to investors on Thursday, RBC Capital Markets analyst Amit Daryanani cut his rating on HP stock to Sector Perform from Outperform, and he lowered his price target $5 to $30. Daryanani says HP’s announcement that it may spin off or sell its PC business “will accelerate the deterioration of HP’s brand and asset value,” and he thinks competitors will gain market share as a result. The analyst also believes could devalue the company’s PC division if it opts for a sale. He thinks a quick sale would be a good move for HP, though he writes that a cut in company forecast or increased buybacks are also options.

Intel is expected to move up the announcement of its next-generation Ivy Bridge processors from the original date of April 29th to April 23rd, Digitimes reported on Thursday. ASUS, Acer, Lenovo and Hewlett-Packard are all preparing to release their second generation of ultrabooks in May, with average prices expected to ...

Glassdoor on Friday revealed its latest list of the “Top 25 Highest Rated CEOs of 2012.” Apple’s Tim Cook took the top spot with a 97% approval rating, leading Ernst & Young’s Jim Turley, Qualcomm’s Paul Jacobs and Google’s Larry Page. “I think leadership is doing an amazing job,” said ...

Hewlett-Packard on Wednesday confirmed earlier reports of a major reorganization within the company. The firm plans to merge its Personal Systems Group, responsible for PCs, with its Imaging and Printing Group. Current boss of the company’s printer division Vyomesh Joshi will retire after 31 years at the company, and current PSG ...

Hewlett-Packard will reportedly soon undergo a reorganization that will see its Personal Systems Group merged with its Imaging and Printing Group. AllThingsD cites multiple unnamed sources in reporting the news, and additional details are light for the time being. Vyomesh Joshi, currently the executive vice president in charge of HP’s ...

Apple on Wednesday unveiled its new iPad, a sleek slate with a stunning 2,048 x 1,536-pixel Retina Display, a speedy Apple A5X processor and embedded 4G LTE. The Cupertino, California-based company repeatedly tossed around its “post-PC” buzzword — Apple’s post-PC devices accounted for 76% of its revenue in the fourth ...

Hewlett-Packard will cut 275 of its 500 remaining employees on the webOS team as its mobile platform transitions to open source, WebOS Nation reported on Tuesday. “As webOS continues the transition from making mobile devices to open source software, it no longer needs many of the engineering and other related positions ...

Hewlett-Packard CEO Meg Whitman on Thursday said that the company has a bright future ahead, although it will take some time to rebuild after a year of disappointment, reports The Wall Street Journal. Within two to three years, Whitman expects the company to best be known for cloud computing, security ...