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She decided not to do that, but instead folded the printing division into the PC division.
The cash-generative printing division had about $25 billion of sales.
A quarter of the company's total revenue comes from its printing division.
Robert Kalian oversees corporate marketing; his wife runs the design and printing division.
But the printing division accounts for about a fifth of its revenue and a third of its profits.
Mr. Hurd also cited the imaging and printing division, whose revenue grew 7percentto to $7 billion.
Similar(13)
SAN FRANCISCO — Hewlett-Packard said Wednesday it will merge its personal computer and printing divisions in an effort to cut costs, improve its designs and become more efficient.
Stevens in the last three years has sold off two printing divisions and four finished-apparel fabrics divisions as it moved to get out of areas most hurt by imports.
"Our camera and printing divisions are all working together now, because these days, our customers are the same customers," said Jeffrey H. Taylor, business development manager for Canon USA.
WALL STREET JOURNAL H.P. Said to Plan Consolidation | Hewlett-Packard is set to merge its personal computer and printing divisions as it looks to streamline its business, a person briefed on the matter told The New York Times.
By its third S.B.A. loan in 1989 -- for $220,000, to build a 14,000-square-foot building for the automation and printing divisions -- the company had more than doubled its number of employees, to 225, and sales had tripled, to $15 million.
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