Todd Bradley, EVP of the personal systems group at Hewlett-Packard (s hpq) is grilled by Bloomberg TV’s Emily Chang. Like all corporate honchos he has mastered the art of not saying much, but one thing is for sure: He does want to run the HP’s PC business, if the company does indeed spin it off. We don’t think here are any real buyers for the business and believe that a spin-off is the only real option.
According to Bradley, HP’s PC business brings in more than $40 billion in revenues. That is a third of HP’s total sales. As a standalone company, it would automatically qualify as a Fortune 100 company. Actually, I was fairly impressed by Bradley, though his answers about WebOS weren’t convincing anyone.