Visentin goes: Hewlett-Packard must write off 8 billion dollars


This was announced by the US company on Wednesday. The depreciation goes back to the current share price, the market conditions and the current business trends, it was justified. The manager John Visentin, who previously headed the large business services division, is leaving the group.

At the same time, HP sweetened the depreciation pill somewhat for the stockbrokers and raised its adjusted earnings forecast for the third quarter to a dollar from previously 94 to 97 US cents. The stock started trading in New York with a gain of 1.64 percent to $ 19.27.

The Services division helped HP bridge the weakness in the computer hardware and printer business in recent years. The company is currently struggling with the weakness of the PC market and the consequences of internal rebuilding. The HP boss Léo Apotheker, who came from SAP, wanted to part with the PC area last year and instead opt for software. These decisions were later reversed. Now the former Ebay boss Meg Whitman leads the traditional group. (Dpa / tc)