Former CEO Leo Apotheker’s plan to spin-off the personal computer unit of computing giant Hewlett Packard may be abandoned due to its projected costs outweighing any potential benefits to be derived from the sale. HP is reportedly under pressure from its friends in manufacturing to keep the personal computing division within the company which is […]
Read MoreZDNet is great when it comes to things like this. Thanks for not inspiring confidence HP.
Read MoreThere’s a fire sale on HP’s TouchPads following their announcement of discontinuation of the line. TouchPads are going for $99 for the low end model and are selling like wild, ironic given that if they had sold like this previously HP would most likely not be discontinuing the line. ZDNet declares that this action on […]
Read MoreHewlett 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 […]
Read MoreIn 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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