Meg Whitman announced today that Hewlett-Packard will not spin off, sell off, fold, spindle, or mutilate the companys Personal Systems Group, the division responsible for manufacturing PCs.



From ArsTechnica:

After a couple months of waffling, the decision comes too late for the survivors of HP’s Palm acquisition. But despite the missteps of HP’s now-pilloried former chief executive Leo Apotheker, the Personal Systems Group has retained the lead in personal computer sales, with $40.7 billion in revenue for fiscal year 2010.

  HP decides to keep PC division after all