News IT Investor’s Journal: Why Dell is eating HP’s lunch By - August 23, 2004 5 Facebook Twitter Pinterest WhatsApp Linkedin ReddIt Email Dell met its earnings expectations; Hewlett-Packard didn’t. Three people get axed at HP. Dell is still ahead, (HP CEO) Carly Fiorina — hint, hint. And Dell has eaten HP’s lunch for the last three years. Something’s got to give.