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An Assessment of Hewlett-Packard One Year After the Merger (3Q03)
A year after HPâs acquisition of Compaq, some of the consequences of the merger are beginning to become apparent. HPâs sales during 2002 were a credible threat to IBMâs dominance of the market, but HP lags far behind in profit margin. Part of the reason for HPâs poorer profitability is tied to difficulties in aligning products and personnel.