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But it will keep the PC business

HP may sell off some assets

HP has revealed that it may sell off some underperforming assets as it continues to struggle with adverse market conditions and the ongoing furore over Autonomy.

However, according to Market Watch, the vendor will be retaining its PC business, which is interesting, as the company’s previous CEO Leo Apotheker had moved to sell off that particular division.

The PC sector is increasingly losing sales to the smartphone and tablet sectors and HP has no presence in either sector, despite faltering moves towards both in the past.

The most likely candidates for sale are the services business, which has already been written down, or Autonomy – which is unlikely to recoup anything close to the amount that HP paid for it and it’s currently the centre of a fraud investigation.

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