HP having some internal seizure..??

HP has dropped the WebOs Touch Pad Cold.

Wants to "spin off PC side"
https://www.wilderssecurity.com/showthread.php?t=305763

What about the printer biz !
Dropping all cell-phones ??...HP Pre was just about to hit shelves.
Desktops..
Laptops


Will anyone be "in the know" until after it's done ?
http://allthingsd.com/20110819/with...on-rubinstein-and-todd-bradley-surrender-too/

Hewlett-Packard’s PC Business: What Happens Next?
http://allthingsd.com/20110819/hewlett-packards-pc-business-what-happens-next/

Long statement from Apotheker
http://soundcloud.com/ahess247/leospeaks81811#play

Maybe the TouchPAd was not quite the full package, but had some interesting options, but now, this is a tectonic shift underway.

Share markets confused ??
http://allthingsd.com/20110819/afte...p-stock-also-takes-a-deep-dive/?refcat=mobile

This is orderly progress ?
http://allthingsd.com/20110818/live...g-including-the-kitchen-sink-conference-call/
Train smash ?

 

Sad news.
It's a real shame because the WebOS had so much potential but wasn't given a fighting chance.

 

HP intends to keep the printer division. It must be 'high margin'.
That's the intention-- sell off the 'low margin' PC end, then concentrate on serving businesses, which is 'high margin'.

Nothing new here. The profit level is the only God, and has been for the past 30 years or so in corporate America. Nothing else need apply.
Don't be expecting them to pay any taxes, either. That is now the sole purview of the individual in today's American big business & tax environments. Individuals below the high wealth line, that is.

This is what allows a corporation to dump billions into a technology, then simply walk away when it doesn't immediately pan out as hoped or expected.

Hearing that HP is leaving the computer box business is akin to GE announcing they will no longer be making light bulbs, or McDonald's announcing they're dropping hamburgers from the menu.
Yes, HP is a diversified business interest, but to me PCs and printers have always been their two signature products, just as when I hear "General Electric" the first thing that will always pop into my mind is light bulbs.

 

"spin off" doesn't necessarily mean sell, you know. HP may still have significant involvement in it's PC division after everything is said and done.

But, it will be difficult to see HP without PCs - everytime I think about a branded computer system, HP comes to mind. In fact, HP is the largest selling PC brand in my country. Virtually every street in my city has an HP showroom. What will happen to them now?

Most likely a newer company will fill the void, just like Lenovo did with the IBM laptops. It may be really good, but it just won't be the same.

 

Very good point. I once worked for a multi-billion dollar corporation that spun off a division for tax and stock reasons. We did not cease to exist or change what we did on a daily basis. Unfortunately things went downhill when it became more important to please the shareholders than the customers. Things didn't end well for either.