Lewis Platt Quotes (14 Quotes)


    We've achieved a good profit outcome despite softness in some of our businesses and weak revenue growth. Our profit reflects the fact that we continue to tune our business models and cost structures.

    We accepted his decision with sadness, but also with the knowledge that changes needed to be made. The board is confident that the new leadership will bring a renewed focus on execution and performance.

    We're integrating voice and data services on one platform -- with a single management interface and a single link to the Internet,

    Phil made the offer to the board. This was not a question of the board coming to the Phil and saying, 'Phil, it's time,' ... That was not an offer we jumped at. But over the course of many, many board discussions, we decided we would accept Phil's offer as a way to get this behind us.

    We think it's going to thrust us into a position of real leadership that frankly we haven't been in before in this market,


    HP has invested many billions of dollars in technology research and development. We have a deep and rich patent portfolio, which serves us well in a situation like this,

    Giving e-speak away attracts attention to Hewlett Packard, ... People see us as a thought leader in this generation of the Internet.

    The benefits for our customers will be cost savings and the simplicity of unified communications and IT applications.

    With two months' results in, it appears that our third-quarter performance won't match analysts' expectations, ... We've done a much better job of managing expenses this quarter. But expense management can't compensate fully for struggling economies in Asia-Pacific and new signs of economic uncertainty elsewhere.

    We had solid net earnings in PCs, strong profit performance in printing and imaging, and significant profit improvement in our measurement business. Clearly, our challenge is to convert order growth into stronger growth in revenue.

    We see e-services as Chapter Two of the Internet, ... Chapter One was about going on the Internet and making transactions. Chapter Two is more complex.

    CEOs get their jollies from the good performance of their company, ... That's where you get your kicks. It's not from an extra million you made from a performance bonus. I really believe that.

    We can't control economic environments, ... But we are doing everything possible to stay close to our customers, drive down expense growth and continue to create the kinds of products and solutions that will benefit our customers and shareholders for the long term.

    The board appreciates that Phil acted with characteristic dignity and selflessness in recognizing that his resignation was for the good of the company.


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