You are reading the article Hp Separation To Cost $1.3 Billion In 2023 updated in December 2023 on the website Moimoishop.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested January 2024 Hp Separation To Cost $1.3 Billion In 2023
Breaking up is hard to do, and in Hewlett-Packard’s (HP) case, somewhat costly too. HP announced its first quarter fiscal 2023 financial results this week, sharing details on its announced strategy to separate into two companies. When the separation is complete HP Enterprise will focus on enterprise software, hardware and services while HP Inc will handle the consumer side of the business.
For the first quarter of fiscal 2023, HP reported revenue of $26.8 billion for a five percent year-over-year decline. Looking at specific segments within HP, software revenue was down by five percent, business critical systems revenue declined by nine percent while industry standard server revenue grew by seven percent.
“We saw improved performance in business critical systems and our new products are gaining traction with customers,” HP CEO Meg Whitman said during her company’s earning call. “During the quarter, we expanded our server portfolio with HP Integrity Superdome X and HP Integrity NonStop X.”
HP’s Helion cloud business was also highlighted by Whitman as being a growth point. In particular Whitman detailed a new 10 year multi-billion dollar cloud win with Deutsche Bank. HP has not yet publicly disclosed the specific dollar amount for the deal. Whitman noted that the Deutsche Bank win was a deal that took nearly two years to come to fruition.
“We’re very proud of the Deutsche Bank win and it was a full on HP effort including our enterprise group, our software business, our cloud business as well as our services business and it was a services led win,” Whitman said. “I believe the reason that we won is we had the best technical solution for what Deutsche Bank needed, which was to reduce cost, reduce cost significantly by the way increase agility and migrate to a new world order of DevOps and a cloud-based environment.”
On October 6, 2014, HP first announced its intention to separate into two companies. Whitman said that in her view HP is making real progress on the separation,so far.
“Recall that we are separating into two Fortune 50 companies, I mean it’s sort of hard to imagine that there are two Fortune 50 companies embedded in HP,” Whitman said. “That has included an entire organizational design and selection process the IT strategy carve out financials and many other activities.”
HP’s CFO Cathie Lesjak noted that the scale of the HP separation is unprecedented in its size and complexity. It’s a breakup that will also have many costs.
“Over the past few months we designed and quantified the expected charges related to the separation,” Lesjak said. “These charges include finance, IT, consulting and legal fees, real estate and other items that are incremental and one-time in nature and not reflective of our operational performance.”
Lesjak said that for the full fiscal 2023 year HP now expect costs associated with separation to be $1.3 billion. In fiscal 2023, there is an additional $500 million in cost that HP is now expecting as well.
“While these are large numbers, they represent less than two percent of our annual operating cost and are necessary to realize the potential of the separation into two world class companies,” Lesjak said.
Sean Michael Kerner is a senior editor at Datamation and chúng tôi Follow him on Twitter @TechJournalist ##
Photo courtesy of Shutterstock.
You're reading Hp Separation To Cost $1.3 Billion In 2023
Spain, Italy, and the UK are becoming major players fostering the growth of the robotics market in Europe
The robotics market in Europe is estimated to grow from US$10.1 billion in 2023 to US$20.0 billion in 2023 at a CAGR of 9.2% during the forecast period. Europe starts from a strong position in robotics, having 32% of current world markets. Industrial robotics has around one-third of the world market, while in the smaller professional service robot market European manufacturers produce 63% of the non-military robots. Europe is a leader in the robotics market for field robotics, logistics, and construction. The usage of robotics in this market is varied and is also used in professional cleaning. The military application of robotics is high in the professional use of service robotics. In defense, both manned and unmanned types of robots are used. In unmanned use, drones are very common. The use of drones has increased in the battlegrounds for a few years. They are being used for intelligence, surveillance, and reconnaissance missions and have helped the soldiers on the ground and sitting far away to plan their next move. The German market is one of the big markets for robotics and is estimated to grow more in the period to come. Other markets like Spain, Italy, and the UK will also grow to become major players in the robotics market in the years to come.
The robotics market in Europe is estimated to grow from US$10.1 billion in 2023 to US$20.0 billion in 2023 at a CAGR of 9.2% during the forecast period. Europe starts from a strong position in robotics, having 32% of current world markets. Industrial robotics has around one-third of the world market, while in the smaller professional service robot market European manufacturers produce 63% of the non-military robots. Europe is a leader in the robotics market for field robotics, logistics, and construction. The usage of robotics in this market is varied and is also used in professional cleaning. The military application of robotics is high in the professional use of service robotics. In defense, both manned and unmanned types of robots are used. In unmanned use, drones are very common. The use of drones has increased in the battlegrounds for a few years. They are being used for intelligence, surveillance, and reconnaissance missions and have helped the soldiers on the ground and sitting far away to plan their next move. The German market is one of the big markets for robotics and is estimated to grow more in the period to come. Other markets like Spain, Italy, and the UK will also grow to become major players in the robotics market in the years to come. A rise in the need for automation and safety in organizations and the availability of affordable, energy-efficient robots drive the growth of the global robotics market. In addition, an increase in labour and energy costs and an upsurge in the usage of robotics technology in different industry verticals fuel the growth of the market. However, the high initial cost of robots and lack of awareness among SMEs hamper the growth of the market. On the contrary, a surge in the adoption of robotics technology in emerging economies and an increase in use in diverse applications are the factors expected to provide lucrative opportunities for the growth of the market.
Difference between Fixed Cost vs Variable Cost
The following article provides an outline for Fixed cost vs Variable cost. The major difference between these two costs is that the Variable depends on the output of production while the fixed cost is independent of the output.
Start Your Free Investment Banking Course
Download Corporate Valuation, Investment Banking, Accounting, CFA Calculator & othersWhat is Fixed Cost?
Fixed cost is defined as a cost that does not change its value with any change (Increase or Decrease) in the goods produced or services sold. Changes in activity levels do not affect fixed costs. It does not mean that the cost will remain fixed forever. It means it will be constant for a particular period of time. E.g., The interest amount charged is fixed for the period unless and until it has been renewed. Fixed cost and variable cost are the main two pillars in any industry’s production and service line. There are two types of fixed costs: Committed fixed cost and discretionary fixed cost. The fixed cost can be considered as a sunk cost.What is Variable Cost?
=Rs 500) (5*200=Rs 1000) (5*300=Rs 1500).Head to Head Comparison Between Fixed Cost vs Variable Cost (Infographics)
Below are the top 8 differences between Fixed cost and Variable Cost:Key Differences between Fixed Cost vs Variable Cost
Examples of variable costs are Raw materials, labor, packaging, freight, and commission. As the volume increases, these costs will increase as one extra item to be produced requires more materials, labor, etc. Hence these costs are directly proportional to the volume of items produced.
Examples of fixed costs are rental payments, depreciation, insurance, interest payment, etc. These items do not change even if you increase the volume of production, e.g., even if you produce one extra item, the rental payment needs to do is the same So, Fixed cost.
Variable cost varies with the variation in the volume production. The fixed cost has no relation with the output capacity.
Fixed cost does not change with the volume and remains constant for a given period of time. e.g. Till the time new lease contract is not changed, the lease payment will remain fixed. Variable cost changes with the production volume.
Example of calculating the fixed cost: Supposes the total cost is Rs1000 and the total units produced are 10. Therefore, the fixed cost per unit is Rs1000/10 = Rs100. The variable cost of labor charges is 5Rs per unit of production. Therefore, for making 10 units, it would be 10*5=Rs50. The total cost of production is the sum of the total variable cost and total fixed cost.
Here the only taken variable is labor. We need to consider the variable cost for all the other items and add to the fixed cost to get the total cost as an outcome. fixed cost changes per unit. As the number of units increases, the fixed cost per unit decreases. Variable cost remains constant per unit. Variable cost is directly proportional to the change in production.
If production increases, i.e., if the number of units produced increases, the fixed cost per unit produced drops significantly, increasing the possibility of a greater profit margin and achieving economies of scale.
As mentioned above, the economies of scale production need to be increased to decrease the per-unit fixed cost. So, the risk associated with the fixed cost is higher than the variable cost.
Unless and until production takes place, variable cost does not take place, but fixed cost occurs even if there is no production. For e.g. Even if there is no laptop produced in the laptop factory but the rental charges need to be paid – that is the fixed cost. The labor charges are not paid as no production – that is the variable cost. The fixed cost cannot be controlled and has to be paid. The amount of the production level can control the variable cost.Comparison Table between Fixed Cost vs Variable Cost
Let’s discuss the top comparison between Fixed Cost vs Variable Cost:
Basis of Comparison Fixed Cost Variable Cost
Definition The cost is fixed. Cost is variable.
Dependent Independent on the volume of production of a company. Dependent on the volume of production of a company.
Behavior Remains constant for a given time. Time-related. Changes with the output level. Volume-related.
Formula It is calculated as the total fixed cost divided by no of units produced. Formula to calculate the total variable cost is (variable cost of one item*no of items produced).
Economies of scale Greater the fixed cost company has more sales the company targets to reach the breakeven point. Variable cost remains flat in nature.
Risk associated It is riskier as the cost depends on the production level. Risk varies as the cost is dependent on the amount produced.
Occurred when These costs occur even if the quantity is produced or not. It cannot be controlled. These costs occur only when the production starts depending directly on the no of units produced. It could be controlled.
Examples Salary, tax, depreciation, insurance, etc. Cost of goods sold, administrative and general expenses on the Income statement.Conclusion
Variable and fixed costs are completely contradictory to each other but serve a major role in financial analysis. Higher units of production increase profitability as the total fixed cost decreases, while variable cost helps in the contribution margin; therefore, both have unique importance in their ways.Recommended Articles
This is a guide to Fixed cost vs Variable cost. Here we discussed the Fixed vs Variable cost key differences with infographics and a comparison table. You can also go through our other suggested articles to learn more –
Japanese corporation SoftBank have acquired a 70% stake in Sprint in a deal costing $20.1 billion, out of which $12.1 billion will be distributed to Sprint stockholders and $8 billion will be added to Sprint’s capital. A new publicly traded entity, New Sprint, will be created, with 70% shares owned by SoftBank and the remaining by Sprint equity holders.
According to Sprint CEO Dan Hesse, who will also be CEO of New Sprint, “This is a transformative transaction for Sprint that creates immediate value for our stockholders, while providing an opportunity to participate in the future growth of a stronger, better capitalized Sprint going forward.” SoftBank’s expertise in LTE will help strengthen Sprint’s own LTE networks, while also improving Sprint’s operating scale and also providing them with capital to “strengthen their balance sheet”. New Sprint will have a 10-member board of directors, three of which will be from Sprint’s current board.
I wonder whether Sprint will now be going ahead with their bid on MetroPCS, but I guess that would be a completely different matter. For Sprint customers though, the most useful thing out of this whole deal will be getting a better LTE network on Sprint, as the company strives towards better customer satisfaction and a wider rollout of LTE.
Read the official press release below.
SoftBank to Acquire 70% Stake in Sprint
TOKYO & OVERLAND PARK, Kan. (BUSINESS WIRE), October 15, 2012 – SOFTBANK CORP. (“SoftBank”) (TSE: 9984) and Sprint Nextel Corporation (“Sprint”) (NYSE: S) today announced that they have entered into a series of definitive agreements under which SoftBank will invest $20.1 billion in Sprint, consisting of $12.1 billion to be distributed to Sprint stockholders and $8.0 billion of new capital to strengthen Sprint’s balance sheet. Through this transaction, approximately 55% of current Sprint shares will be exchanged for $7.30 per share in cash, and the remaining shares will convert into shares of a new publicly traded entity, New Sprint. Following closing, SoftBank will own approximately 70% and Sprint equity holders will own approximately 30% of the shares of New Sprint on a fully-diluted basis.
SoftBank’s cash contribution, deep expertise in the deployment of next-generation wireless networks and track record of success in taking share in mature markets from larger telecommunications competitors are expected to create a stronger, more competitive New Sprint that will deliver significant benefits to U.S. consumers. The transaction has been approved by the Boards of Directors of both SoftBank and Sprint. Completion of the transaction is subject to Sprint stockholder approval, customary regulatory approvals and the satisfaction or waiver of other closing conditions. The companies expect the closing of the merger transaction to occur in mid-2013.
SoftBank Chairman and CEO, Masayoshi Son, said, “This transaction provides an excellent opportunity for SoftBank to leverage its expertise in smartphones and next-generation high speed networks, including LTE, to drive the mobile internet revolution in one of the world’s largest markets. As we have proven in Japan, we have achieved a v-shaped earnings recovery in the acquired mobile business and grown dramatically by introducing differentiated products to an incumbent-led market. Our track record of innovation, combined with Sprint’s strong brand and local leadership, provides a constructive beginning toward creating a more competitive American wireless market.”
The SoftBank transaction is expected to deliver the following benefits to Sprint and its stockholders:
Provides stockholders the ability to realize an attractive cash premium or to hold shares in a stronger, better capitalized Sprint
Provides Sprint with $8.0 billion of primary capital to enhance its mobile network and strengthen its balance sheet
Enables Sprint to benefit from SoftBank’s global leadership in LTE network development and deployment
Improves operating scale
Creates opportunities for collaborative innovation in consumer services and applications
SoftBank will form a new U.S. subsidiary, New Sprint, which will invest $3.1 billion in a newly?issued Sprint convertible senior bond following this announcement. The convertible bond will have a 7-year term and 1.0% coupon rate, and will be convertible, subject to regulatory approval, into Sprint common stock at $5.25 per share. Immediately prior to the merger, the bond will be converted into shares of Sprint, which will become a wholly-owned subsidiary of New Sprint.
Following Sprint stockholder and regulatory approval, and the satisfaction or waiver of the other closing conditions to the merger transaction, SoftBank will further capitalize New Sprint with an additional $17 billion and effect a merger transaction in which New Sprint will become a publicly-traded company and Sprint will survive as its wholly-owned subsidiary. Of the $17 billion, $4.9 billion will be used to purchase newly issued common shares of New Sprint at $5.25 per share. The remaining $12.1 billion will be distributed to Sprint stockholders in exchange for approximately 55% of currently outstanding shares. The other 45% of currently outstanding shares will convert into shares of New Sprint. SoftBank will also receive a warrant to purchase 55 million additional Sprint shares at an exercise price of $5.25 per share.
Pursuant to the merger, holders of outstanding shares of Sprint common stock will have the right to elect between receiving $7.30 per Sprint share or one share of New Sprint stock per Sprint share, subject to proration. Holders of Sprint equity awards will receive equity awards in New Sprint.
Post-transaction, SoftBank will own approximately 70% and Sprint equity holders will own approximately 30% of New Sprint shares on a fully-diluted basis.
SoftBank is financing the transaction through a combination of cash on hand and a syndicated financing facility.
The transaction does not require Sprint to take any actions involving Clearwire Corporation other than those set forth in agreements Sprint has previously entered into with Clearwire and certain of its shareholders.
After closing, Sprint’s headquarters will continue to be in Overland Park, Kansas. New Sprint will have a 10-member board of directors, including at least three members of Sprint’s board of directors. Mr. Hesse will continue as CEO of New Sprint and as a board member.
SoftBank was established in 1983 by its current Chairman & CEO Masayoshi Son and has based its business growth on the Internet. It is currently engaged in various businesses in the information industry, including mobile communications, broadband services, fixed-line telecommunications, and portal services. In terms of consolidated results for fiscal 2011, net sales increased 6.6% year on year to ¥3.2 trillion, operating income increased 7.3% to ¥675.2 billion, and net income rose 65.4% to ¥313.7 billion.
About Sprint Nextel
If you need to connect just a single client, such as a laptop or a home-theater PC, to your 802.11ac network, a Wi-Fi client USB adapter is much cheaper than a wireless bridge. Netgear’s A6200 is one of the best.
If you need to connect several wired clients to your 802.11ac network, you should set up a wireless bridge. If you have just one client—especially a laptop, or maybe a home-theater PC—Netgear offers a better, cheaper alternative: Plug its A6200 USB Wi-Fi adapter into your PC and establish a wireless connection that’s fast enough to stream Blu-ray-quality video.
The A6200 is a dual-band adapter capable of operating on both the 2.4GHz and 5GHz frequency bands (as an 802.11n device and an 802.11ac device, respectively). We tested both scenarios, comparing its 802.11n performance with that of the Intel Centrino Ultimate-N 6300 Wi-Fi adapter integrated into our AVADirect gaming laptop, and its 802.11ac performance with that of Cisco’s Linksys WUMC710 wireless bridge.
Being a USB adapter, the A6200 draws the power it needs from the computer, whereas the WUMC710 requires AC power. Netgear’s device, however, can transmit and receive only two 802.11ac spatial streams (900 mbps aggregate), whereas Cisco’s supports three (1.3 gbps aggregate). Bear in mind that those theoretical maximum speeds are nothing close to what you’ll get in the real world, and that the USB 2.0 interface the A6200 uses maxes out at 480 mbps anyway (the Cisco product’s physical connection to its clients is either 10/100 ethernet or gigabit ethernet).
In any event, in our tests the A6200 delivered considerably less throughput than the WUMC710 did, particularly at close range (with the client in the same room as the router, separated by 9 feet). Nonetheless, the A6200 provided more than enough bandwidth to stream Blu-ray-quality video from a home server to the client regardless of distance: 221 mbps at 9 feet, 154 mbps at 35 feet, and 152 mbps at 65 feet. (We used SlySoft’s AnyDVD HD to rip the movie Spider-Man 3 from a Blu-ray Disc and saved it as an ISO image on the server. We then used SlySoft’s Virtual CloneDrive to mount the ISO image on our laptop and streamed it over the network via CyberLink’s PowerDVD 12 Ultra).
Although Netgear’s A6200 USB adapter delivered considerably less throughput than Cisco’s WUMC710 did, it was plenty fast enough to stream HD video over our 802.11ac wireless network.
The A6200 is also a good 802.11n network adapter operating on the 2.4GHz frequency band. Here again, the A6200 supports only two spatial streams (300 mbps aggregate), whereas the Intel Centrino Ultimate-N 6300 built into our test laptop supports three (450 mbps aggregate). Intel’s adapter stomped the A6200 at close range (with signal oversaturation being the likely culprit), but Netgear’s device pulled out wins when the client was in a home theater 35 feet away from the router and in a home office 65 feet from the router. Those results are likely due to the fact that the Netgear’s two antennas were outside the laptop’s enclosure, while the Intel product’s antennas were tucked inside it.
The A6200 is also a capable 802.11n Wi-Fi adapter, delivering good performance at long range.
Speaking of antennas, the A6200’s USB connector can pivot from 180 degrees to 90 degrees, and its antenna can rotate from a negative 180 degrees to a positive 180 degrees (this flexibility adds 1 inch to the adapter’s length, which could increase its range depending on the router’s location and the antenna orientation). Netgear also provides a USB stand with a 3-foot cable that gives you many more options when it comes to placing the adapter. Netgear recommends using the stand, and that’s how we tested the adapter.
If you’re running an 802.11ac Draft 2.0 router, you have a laptop, and you want the fastest possible wireless connection to your network, Netgear’s A6200 is a no-brainer. It’s also a great choice if you’re looking to connect just one wireless PC to your 802.11ac network, because it’s far less expensive than an 802.11ac wireless bridge that has three additional ethernet ports you don’t need. If you are looking to connect several clients to your network, and they’re all in the same spot, the bridge remains the better option.
While buying a new printer, the buyers keep in mind the weight, size speed, features, and most of all the cost per page to print.
We mostly consider the printer costs per page when buying the printer for work or a business.
Cost Per Page or CPP is an important factor that determines the cost-effectiveness of your printer.
Here I have discussed how to estimate the printer cost per page. Read this article and calculate your printers CPP in seconds!
Also read: How To Reset My HP Printer? 
The cost per page or CPP denotes how much ink you are using to print a single page.
Various brands offer printers at a low price but they target to make profits through the ink cartridges and maintenance charges.
As a whole the higher the cost per page, the bigger your printing bill.
Besides, several other factors affect the printing cost.
If you print a text document then it will consume less ink but to print photos or images you need more ink. So, colored printouts cost more than mono-colored documents.
The Cost per page or CPP is dependent upon two factors – Cartridge Cost and Cartridge Page Yield.
Cartridge Cost is the cost of the ink cartridges you are using. You can easily find out the cartridge price from the manufacturer’s website.
Cartridge Page Yield can be calculated following the standard setup by ISO or International Organization of Standardization. This Cartridge Page Yield is actually how many pages the ink cartridge is to print.
The standardization of the printer is published by the ISO and it gives the guidelines that the printer manufacturers use to calculate the page yields.
You will get the page yields by visiting the manufacturer’s site. To determine the CPP, you should know which size of ink cartridge or which ink you require for that particular printer you are using.
CPP for printing in Black & White = Printer Cartridge Price/ Cartridge Page Per Yield
For example, if your printer cartridge price is $40 and the cartridge page yield is 500, then the CPP = $ 40 / 500 = $ 0.08 per page.
Color pages use multiple cartridges. To calculate the CPP for color printing, you need to estimate the CPP for every single cartridge.
The printers using the standard four-process colors like Yellow, cyan, black, and magenta, have similar CPP and page yield.
To calculate the color CPP, you will have to multiply the color CPP by the cartridges number and add by black cartridges’ CPP.
So, we can derive the formula:
The price of the Color Cartridge / Page Yield = Color cartridge number x Cartridge CPP + Black Cartridges CPP
For example, if your color cartridges yield 500 pages, a 4-tank color printer cartridge costs $60, and black cartridges yield 500 pages, then
[(40/500) + (60/500)x3] = 0.08+0.36 = 0.44
How do you calculate the cost per page on a printer?
To calculate the cost per page on a printer, divide Printer Cartridge Price by the number of Cartridge Page Per Yield.
Is it cheaper to print at home or library?
Generally, at home, it costs less than half of printing at the store.
But various factors are there to increase the printing cost like the quality of the page you are using, whether you are printing in monochrome or color, whether you are taking extra large printouts, etc.
How much does it cost to print inkjet?
To print a black and white document on an inkjet printer, it will cost around 5-10 cents per page and for color printing, it will cost between 15 to 25 cents per page.
Update the detailed information about Hp Separation To Cost $1.3 Billion In 2023 on the Moimoishop.com website. We hope the article's content will meet your needs, and we will regularly update the information to provide you with the fastest and most accurate information. Have a great day!