With PC Business in Tow, What's Next for HP?
Hewlett Packard went bonkers there for a short while and actually considered selling or spinning off its Personal Systems Group (PSG) so it could focus on servers, printers, and software. Fortunately for HP, newly appointed CEO Meg Whitman quickly reversed course on what could have been a disastrous heading for the world's No. 1 PC maker, So now what?
For one, HP made it very clear it intends to compete in Intel's Ultrabook market, a category of notebook PCs designed to be thin, lightweight, powerful, and affordable (think of a MacBook Air but for Windows and with better hardware).
Todd Bradley, executive vice president of HP's PC division, said in a conference call that his company is "very focused in having a suite in that ultramobile (sub-17mm) space," adding that's something everyone will see "very soon," according to CNet.
The other business at hand is restoring confidence in HP as a company, something that should come easier without that huge cloud of uncertainty floating above it. By holding onto its PC division, component suppliers are ensured of continued bulk orders, HP should still receive bulk discounts, and customers can stop worrying about whether or not their HP system will be supported.
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Morete
October 28, 2011 at 11:09am
I'm glad that HP is staying in it. Most of my PCs are modded HPs. Buying their high end CPU with onboard GPU desktops are a great bargain. Their "Quick Ship" models are usually better deals.
Anyways, I was ready to go with Asus if HP were to bail.
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FrancesTheMute
October 28, 2011 at 9:52am
Yeah, I'm glad that Whitman at least had enough sense to stop the spin off. When you're the #1 PC supplier in the world you don't spin off that part of the business. Even Michael Dell said it was a dumb idea, and his company would probably have benefitted a little bit had HP's PC business been spun off.
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RUSENSITIVESWEETNESS
October 28, 2011 at 8:00am
What is it with whacko CEOs and these insane business decisions? Did they stop teaching sound business practice in universities, or have those multi-million dollar salaries detached these fools from reality and convinced them all that they are no longer mortal, but gods, and that any decision they make--no matter how ludicrous--is bound to succeed by shear force of will?
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