This Tuesday, Aug. 21, 2012, photo, shows an exterior view of Hewlett Packard Co. headquarters in Palo Alto, Calif. On Wednesday, Aug. 22, 2012, Hewlett-Packard Co. said it suffered an $8.9 billion loss during its most recent quarter after taking a previously announced charge against earnings for an acquisition that hasn't panned out the way management envisioned. The maker of personal computers is struggling to compete with mobile devices. (AP Photo/Paul Sakuma)
Photo by Associated Press /Chattanooga Times Free Press .
published Thursday, August 23rd, 2012
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Hewlett-Packard absorbed the largest quarterly loss in its history as the Silicon Valley pioneer owned up to past mistakes that have left it scrambling to adapt to a shifting technology market.