HP to follow IBM, ditch its PC business

[ronjor]

By John Timmer

Hewlett-Packard is scheduled to hold its third quarter earnings call later this afternoon, but if a report from Bloomberg is to be believed, dollars will be the least interesting topic of the call. Bloomberg reports that multiple sources are indicating that HP will spin off its PC business to focus on enterprise services. As part of that change in focus, it will be acquiring the Cambridge, UK-based data analysis company Autonomy for about $10 billion, a healthy premium over the company's current market cap.

http://arstechnica.com/business/news...e-services.ars

[ronjor]

HP to continue to sell and support PC products as it decides PC group's fate

By Agam Shah

Business continues as usual for Hewlett-Packard's PC unit, which will continue to support and sell products as the company explores options to spin off or sell the Personal Systems Group, HP said on Monday.

https://www.infoworld.com/d/the-indu...ps-fate-170531

[ronjor]

HP executive says PC business to remain world No.1

By Terril Yue Jones

(Reuters) - Hewlett-Packard Co's personal computer business will retain its position as the world's largest PC manufacturer even after any spinoff, the head of HP's PC business said on Tuesday.

A spinoff of the Personal Systems Group (PSG) will bring the "best value" to HP shareholders for taxation and other reasons, PSG head Todd Bradley told Reuters in an interview.

http://www.reuters.com/article/2011/...7JT1UU20110830

[ronjor]

By InfoWorld staff

Report: HP board deciding whether to fire CEO Apotheker

Apotheker roiled customers and investors in August by saying HP was looking to sell or spin off its PC business to focus on software, such as through a proposed acquisition of enterprise search vendor Autonomy. He also abandoned the WebOS smartphone and tablet market just weeks after the debut of what was supposed to be the crown jewel of HP's emerging WebOS-on-all-devices strategy, announced five months earlier.

https://www.infoworld.com/d/the-indu...otheker-173623

[linuxforall]

Finally some sense, HP is too big for scrap PC market.

[Searching_ _ _]

Apotheker Fired

NEW YORK (CNNMoney) -- Hewlett-Packard's board on Thursday ousted CEO Leo Apotheker after just 11 months on the job, replacing him with Meg Whitman.

"I am honored and excited to lead HP," Whitman said in a prepared statement. "I believe HP matters -- it matters to Silicon Valley, California, the country and the world."

http://money.cnn.com/2011/09/22/tech...source=cnn_bin

[zapjb]

With the creative force & guidance of new CEO Meg Whitman.

HP announces we will ditch all our business!

[ronjor]

Whitman Talks to ATD About New Job at HP: “This Is an Icon”

By Kara Swisher

Whitman says she is undaunted by those odds and will focus on several major issues at first.

Those include in the order she put them in — of course, using definitive numbers:

1) Focusing on meeting Wall Street expectations for HP for the next quarter over the next 45 days. “We have made a commitment,” she said. “And we are going to do everything possible to keep it.”

2) Integrating HP’s $10 billion acquisition of Autonomy, which was made by Apotheker. “As you know from my time at eBay, I know a lot about unstructured data and it is a market where no one is a leader except Autonomy,” Whitman said.

3) Come to a decision about whether to spin off or keep its Personal Systems Group, which includes HP’s consumer PC business. “We will not sell,” said Lane firmly.

4) Getting a better feel for HP and its employees. “I have been on the board for eight months, but I really need to get in there and meet its people,” said Whitman. “That is perhaps the most important thing to get right.”

http://allthingsd.com/20110922/whitm...is-is-an-icon/

[Noob]

I dont know whats Autonomy but i really smell overpriced

[ronjor]

Now, Meg Whitman May NOT Spin Off HP's Hardware Business

Matt Rosoff

A couple months ago, Hewlett-Packard announced it might spin off its PC business.

But that was under old CEO Leo Apotheker. Now that Meg Whitman is in charge, HP is reconsidering and may hang on to the PC unit after all, according to the Wall Street Journal.

Last year, the PC business contributed about $40 billion of HP's total $126 billion in sales, and $2 billion of its $8.8 billion in net profit.

http://www.businessinsider.com/meg-w...s-2011-10?op=1

[cozumel]

Just realised, that'll move Lenovo or Dell to the top of Worldwide Shipments once HP drop out.

[Bill_Bright]

Originally Posted by cozumel

Just realised, that'll move Lenovo or Dell to the top of Worldwide Shipments once HP drop out.

Lenovo still has close ties to IBM, and deals mostly with notebooks. Dell makes notebooks but is still a PC company, but PCs are slowly dying out (due to smart phones and tablets), or as said in one of those articles, PCs are mostly commodities - like refrigerators and washing machines - fancy typewriters - if anyone here remembers what a typewriter is.

There is still Acer (who owns Gateway and eMachines), and the big Japanese makers too.

Plus, with the OEM makers now making a huge name for themselves (ASUS, Gateway, MSI, etc.) consumers still have plenty of options, and competition is still stiff to keep prices down.

Still, you can't fit my two 22" monitors, full size keyboard, or real mouse, or my color printer/scanner/copier/fax, or my full range (read: not tiny) 5.1 surround sound in a tablet, so there will always be some sort of desktop system.

[ronjor]

HP decides to keep PC division after all

By Sean Gallagher | Published October 27, 2011 3:33 PM

Despite advice to the contrary, Meg Whitman announced today that Hewlett-Packard will not spin off, sell off, fold, spindle, or mutilate the company’s Personal Systems Group, the division responsible for manufacturing PCs. Instead, PSG will remain part of the company, at least until such time as HP management changes their minds again.

http://arstechnica.com/business/news...-after-all.ars

[JRViejo]

HP seems to be rethinking its plans to get out of the consumer business with new CEO Meg Whitman at the helm. According to HP itself, it has been testing the Windows 8 developer release on the defunct HP TouchPad. This is just being done as a proof-of-concept right now, but there have even been talks of reviving the device as a Windows 8 slate.

HP Testing Windows 8 On TouchPad by Ryan Whitwam.

[1chaoticadult]

LOL. HP saw people abandoning ship on their products and did an about face.

[ronjor]

HP says it will soon offer Ultrabooks

by Brooke Crothers October 27, 2011 10:17 PM PDT

HP (along with Dell) will be one of the last major PC makers to enter the market for these sub-0.8-inch, 3-pounds-and-under laptops that compete with Apple's MacBook Air.

"HP had yet to announce its intentions for the Ultrabook market and has been notably quiet as Lenovo, Asus, Acer, and Toshiba have all announced new ultra-thin models," Deron Kershaw, an analyst at GAP Intelligence, said in a research note today

http://news.cnet.com/8301-13924_3-20...er-ultrabooks/