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Hewlett Packard shares sinking day after Consumer PC spin-off news.

Hewlett Packard’s stock price has dropped some 20% today in a dramatic reaction to the company’s earnings and spin-off proposals yesterday, approaching a six-year low and drawing into question the strategic calculation that went into the proposal to dump Palm, TouchPad, WebOS and consumer-side PCs. The last time HP’s stock price did so poorly was […]

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HP to drop PC business, WebOS and Palm Phones.

In a pretty monumental development for tech-nerds today, HP is dropping its WebOS and Touchpad as well as spinning off its consumer PC business. If you will recall, HP purchased the then nearly defunct Palm for its WebOS to try and craft it into an alternative platform to Android and iOS. Apparently, they think it’s […]

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