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HP defends health of PC business

The PC era over? Hogwash, says HP's CEO Lew Platt, despite Compaq's warnings and IBM's famous comment that "the PC is dead."

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The PC era over? Hogwash, says HP's CEO Lew Platt, despite Compaq's warnings and IBM's famous comment that "the PC is dead."

"We are meeting or exceeding our plans."

- Lewis Platt, HP chief executive

 
HP's Platt: PC era not over
Hewlett Packard's chief executive scoffs at the idea that the PC era is ending and also says that the search for the new CEO may be finished by the end of June.

hi...I need help......bad... Compaq's Pfeiffer: Others should also worry


Compaq's CEO says the slack demand and price-cutting that led his company to warn its earnings would fall short of expectations also could hurt rivals.

Compaq warns of earnings shortfall
The PC maker says that lower demand for commercial PCs will keep its profit for the upcoming quarter less than half of what analysts expected.

Can rivals avoid Compaq fate?
HP and Gateway target small business, but Compaq's shortfall shows that there is no guarantee for success in these strategies.

Market rebounds after early hit
update Compaq's stock plunges when the market opens, dragging others down, but the Dow and Nasdaq eventually regain ground.

Intel, AMD cut prices before earnings reports
update The two chipmakers cut desktop and notebook products this weekend, the latest round in a pricing war that has decimated AMD's profits.