Hewlett-Packard is hopeful towards the future, with increases expected for its 2011 revenue by as much as 7%. Interim CEO Cathie Lesjak noted HP’s position in the market during the company’s annual analyst day event this week, particularly as it pertains to the future of the tablet market and its goals for Palm, which the company acquired earlier this year. From the Wall Street Journal,

“Executives highlighted H-P’s plans for handset maker Palm Inc., which it bought for $1.2 billion earlier this year. Executive Vice President Todd Bradley told analysts he expects the company’s touchscreen tablet, which is slated for release early next year, will control an estimated 17% of the market in 2013.”

Lesjak went on to announce some other hopeful projections, estimating revenue for 2011 of $133.5 billion, with profits (excluding items) likely between $5.05 per share and $5.15 per share. These estimates are ahead of analysts’ expectations for HP, which were placed at $131.4 billion in revenue for next year.

Everything looks pretty rosy for HP, except the fact that the company is still lacking a replacement for Mark Hurd, who recently took a co-President position at Oracle after stepping down from HP. According to the Wall Street Journal, Lesjak commented on HP’s strengths towards finding a candidate, with some options inside and outside the company, but no other comments were made on the subject.

Even as HP remains a leader in device manufacturing, while also seeking a big chunk of the cloud computing industry, the company still needs to stabilize its executive positions as the company moves forward on everything it’s prepared in the past year. Having a string of acquisitions on its tail, including the recently closed 3PAR deal, means HP still has quite a road ahead.