HP CEO Meg Whitman AP2012 was full of stock-crushing news for HP, from layoffs to writedowns to its strange mess with Autonomy. AdvertisementAdvertisementA new, in-depth story in Businessweek documents all the missteps that sent the company's shares down 70 percent since August 2010, erasing $68 billion in shareholder equity. But, as Businessweek reporters Ashlee Vance and Aaron Ricadela point out, the company didn't get here in one year. And amid all the errors and missteps, there have been some bright spots—good decisions and fundamental strengths that give hope for a turnaround.

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Persons: Meg Whitman, Ashlee Vance, Aaron Ricadela Organizations: HP