Manufacturing Industry
Hewlett-Packard CEO Carly Fiorina sees long-term sales growth. (Tip Sheet).(Brief Article)
Purchasing, February, 2003
Hewlett-Packard CEO Carly Fiorina sees long-term sales growth for the company of 7-9%/year, saying the computer hardware sector never again will see growth rates of 20, 30 or 40 percent. The pressure on prices is "relentless," she says, adding that the economic cycle has now reached maturity, so there will be constant conflicts among fewer but more competent supplier companies.
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