In order to "drive ongoing turnaround" HP management gets a shuffle-- and drive the turnaround it needs to, since the company posts a -8% Y-o-Y decline on Q3 2013 revenues worth $27.2 billion.
Net earnings for the quarter drop by -15% Y-o-Y to $1.7bn.
All HP divisions bar software post Y-o-Y declines, causing CEO Meg Whitman to admit "total company Y-o-Y revenue growth in fiscal 2014 is unlikely... That said, I remain confident we are making progress in our turnaround."
Thus, in hopes to at least improve Enterprise Group business HP replaces chief Dave Donatelli with COO Bill Veghte, who retains his current responsibility over HP cloud efforts to effectively unite both portfolios under a single leader.
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The microSIM slot hopefully lets the TrueSmart to fulfill the Dick Tracy promise, allowing users to make calls and send text messages directly from the device without need for tethering to a mobile device.
“There is never a perfect time for this type of transition, but now is the right time,” Ballmer says. “We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here longer term for this new direction.”
Both devices share an industrial design familiar to previous Cintiq customers (complete with Rocker Ring and customisable ExpressKeys), and pack 13.3-inch 1920x1080 resolution TFT LCD displays, wifi and Bluetooth connectivity and 8MP rear-/2MP front-facing cameras together with Wacom's mainstay, pen input-- the company claims the devices feature 2048 levels of pressure sensitivity via included Pro Pen stylus.
The concept eliminates the paper tray, the bulkiest element in most printers, and allows for a simplified, compact design the size of an A3 sheet of paper. It is also admittedly attractive, something we never imagined saying in reference to a printer!
