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There are no plans to break up H-P (HPQ), Meg Whitman insists during the FQ1 call. Speculation...

There are no plans to break up H-P (HPQ), Meg Whitman insists during the FQ1 call. Speculation about a breakup had picked up ahead of H-P's report. Management bragged on the call of of PC share gains (esp. in the U.S.), a printing mix shift towards high-margin ink relative to hardware, and improved channel inventory. However, EMEA server sales are said to be "tepid," and total sales to the region fell 11%; Americas -3%, Asia-Pac +1%. PC pricing remains tough, and Itanium server and non-3PAR storage demand continues to plunge. Shares +4.8% AH. (live blog) (more)
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