During a Q&A session, HP CEO Léo Apotheker seemed confident in his company’s direction into cloud computing and the tablet market. Saying, “R&D is not just measured in dollars”, Apotheker basically defended HP’s slimmer budget since former CEO Mark Hurd famously cut it down.
HP has named Léo Apotheker as its next Chief Executive Officer and President, effective November 1. Apotheker was previously the CEO of SAP, the world’s largest business software applications corporation.