HP decides to keep its PC business

NEW YORK (CNNMoney) — Hewlett-Packard announced Thursday that it will continue selling personal computers after all, reversing an earlier decision to exit one of its core business lines.

The company shocked Wall Street and the tech industry alike when it announced Aug. 18 that its board was exploring “strategic alternatives” for its Personal Systems unit. That division mainly comprises HP’s PC business, which is the world’s largest. A sale or spin-off were two of the options being considered.

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