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After three-day shutdown, HP now effectively two companies

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Hewlett-Packard doesn't officially become two companies until Nov. 1, but the company has already separated its internal systems and is effectively operating as two businesses.

"On August 1, we successfully split the operations and IT systems for the company. This was an incredibly complex process and the team executed very well," CEO Meg Whitman said on HP's quarterly earnings call Thursday.

HP worked directly with 3,500 of its biggest customers and partners to prepare for the cutover, which involved separating 750 systems that handle 95 percent of its business.

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