(Updates with Whitman comments on succession in fourth paragraph.)
Feb. 23 (Bloomberg) -- Hewlett-Packard Co. Chief Executive Officer Meg Whitman said the company will release a tablet computer based on Microsoft Corp.’s new version of its Windows software before the end of the year.
Speaking at a Wall Street Journal conference in Menlo Park, California, Whitman said the initial tablet will be based on Intel Corp.’s technology. It’s “not clear” when Windows 8, the update to Microsoft’s operating system, will be released for devices running chips based on ARM Holdings Plc technology, she said. Microsoft hasn’t given an official release date for Windows 8.
Whitman also said Hewlett-Packard is investing in developing talented executives, focusing on organic growth, and getting back to “The HP Way,” company’s original principles.
The next CEO is likely to come from within Hewlett-Packard, Whitman said.
“I will not feel like I’ve done a good job if my successor is not an internal choice,” Whitman said.
Hewlett-Packard hired from inside its walls until 1999, when it recruited Carly Fiorina from Lucent Technologies. All three succeeding CEOs, Mark Hurd, Leo Apotheker and Whitman herself, were also outside hires.
--Editors: Jillian Ward, Tom Giles
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