October 28, 2011 – Hewlett-Packard will not be getting out of the personal computer business after all, according to an announcement from recently promoted HP CEO and President Meg Whitman.

In a statement following the internal evaluation of its Personal Systems Group (PSG), Whitman said PCs remain vital to HP’s strategy, finances and shareholders’ interests. That reverses earlier comments from Whitman and other HP executives of plans to spin off the PC division set in motion in mid-August by her predecessor, Leo Apotheker, who was ousted a month later.

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