The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Thursday, June 7, 2012

HP....Getting into the Coffee Business

This article is about how Meg Whitman is going to turn around HP like Howard Schultz did at Starbucks.
While the opportunity to poke fun at this is obvious, I will let Whitman set up the joke...

"Usually, these kinds of turnarounds take anywhere between four or five years," Whitman said at the company's Discover conference in Las Vegas. "To have HP humming exactly the way I envision it - this is a big undertaking."
"There's nothing fancy about these turnarounds," Whitman said. "This is not advanced business, this is 101."
"If we can bridge the consumer with the enterprise and create desirable devices, that's a big opportunity for HP," she said. "Ultimately, we have to solve the mobility challenge."

Really?????

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/06/06/BUN41OTPQU.DTL

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