Description: The magnitude of the meltdown of Hewlett-Packard Co.’s services business has surprised many analysts and is a major reason why the tech giant has stretched its turnaround plan into at least the next two fiscal years.

Source: Moneywatch.com

Date: Oct 04, 2012

Link: http://www.marketwatch.com/story/h-ps-services-meltdown-offers-no-easy-fix-2012-10-04

Questions for Discussions:

• Explain the reasons for HP’s situation.
• What would you advise management to do in response?