NEW YORK ( TheStreet) - More than any other company on Wall Street, I've gone out of my way to give the benefit of the doubt to computer and printing giant Hewlett-Packard ( HPQ), regardless of its mistakes. What has always appealed to me about HP is its broad portfolio of products and services that spans every nook and cranny of the corporate enterprise.Not only is HP the world's No. 1 PC maker by a decent margin over Dell ( DELL) and Apple ( AAPL), but it is also the leader in printing, besting Lexmark ( LXK), and growing its share in networking components to become a rival of Cisco ( CSCO). So the question has always been, why has it not been able to get its act together?
It is refreshing that Meg Whitman seems to know exactly what ails the company and more importantly, she seems to know what it will take to get the problems fixed. While listening to the call, it was evident that she has placed her stamp on the company and appears to be more dedicated than her predecessor on improving HP's existing businesses. This as opposed to what had become the norm of concealing fundamentally flawed areas of the company's operation.