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  #21  
Old 19.08.2011, 16:22
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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HP's stock is crashing. Lost 22.18% today, tendency: falling.

I'm secretly hoping for a miracle (e.g. board fires Apotheker, reverses decisions) but know that would hurt their pride too much for it to ever happen :-(
It's a visionary move. HP cannot compete with hardware. At the server, PC, tablet or phone level. It's a brave decision to get out and re-invent themselves back to what they know and can do.

Oracle's acquisition of Sun sunk them. There moves into Tablets had no chance against Apple, and Lenovo were cleaning up on the corporate desktop. As for phones ? Pffttt. Crazy move to get involved.
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  #22  
Old 19.08.2011, 16:31
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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It's a visionary move. HP cannot compete with hardware. At the server, PC, tablet or phone level. It's a brave decision to get out and re-invent themselves back to what they know and can do.
But that's the joke: they have absolutely zero experience in the software business and even less in the area of corporate search. Apotheker claims he does have experience - but telling by the mess he left at SAP, his "experience" is something most companies could gladly do without.

They bought a smallish company now which they bet their lives on. What kind of strategy is that for a gigantic company? That's plain crazy.

Autonomy is tiny, has very few employees. HP has a large sales force, but they have no clue about software. It'll take Autonomy forever to train all of HP's sales teams.

So what's going to happen if a totally inexperienced company enters a market that is almost completely saturated and dominated by a gigantic multi-billion duopoly like IBM and Oracle? A market in which maintenance contracts are worth more than the initial investment in a product? A market that typically doesn't adopt new products (ERP software costs so much and is so deeply rooted in the companies that switching products is close to impossible)?
Exactly. Perhaps they can use Sun's lawyers - they actually do have experience.

peter

Last edited by dawiz; 19.08.2011 at 16:43.
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  #23  
Old 19.08.2011, 16:41
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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so whats the theory behind hp walking away from pc's then? any big lawsuits in the pipeline? I don't understand why a company would throw away 13% of the profits.

Dell must be loving the news
They made $2billion dolars in profit from their PSG group which is around $40 per machine. $2 billion is hardly something to be scoffed at. They make low profit high volume machines whilst Apple make 7 times as much profit but sell a quarter of what HP sold.

Seems like Apple and HP knew where their place in the market was. To be honest I'm baffled by this decision by HP.

I'm not sure Dell will be loving it when some Chinese manufacturer comes in and buys up the PC sector from HP. A la lenovo buying IBM's PC division.
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  #24  
Old 19.08.2011, 16:44
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

I agree with Upthehatters2008, HP need to save themselves else they will suffer the same sad fate as IBM is going through because they did not see it soon enough. The whole industry is changing and while U.S.A. companies pile on the patents and protect themselves from anything and everything, innovative manufacturing goes east where they have little to no concept on intellectual property.
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  #25  
Old 19.08.2011, 16:45
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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I'm not sure Dell will be loving it when some Chinese manufacturer comes in and buys up the PC sector from HP. A la lenovo buying IBM's PC division.
Lenovo are not doing particularly well in Europe - they have been bleeding market share ever since they were sold. They're doing great in China, though, which isn't really Dell's market. I think Dell are pretty happy about HPs decision.
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  #26  
Old 19.08.2011, 16:50
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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Lenovo are not doing particularly well in Europe - they have been bleeding market share ever since they were sold. They're doing great in China, though, which isn't really Dell's market. I think Dell are pretty happy about HPs decision.
There is talk of even lenovo buying the PSG group from HP. Dell seem to be the only ones without enough money or placed correctly to make a go for it
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  #27  
Old 22.08.2011, 09:15
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

anyone been in the frenzy of $99/$149 Touchpads being offered this weekend? B&N has the 16Gb device for $101 plus postage.

US only, pop over to slickdeals.net where they're up to 55'000 posts on this topic
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  #28  
Old 22.08.2011, 13:47
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

Do you know if any of the shops delivers to CH? I mean, at 100$ it is a steal. But it seems it can only be found at such a price in the US. All around Europe (amazon.co.uk/amazon.de/hp.com) you can find prices as of last week, still..

Looking forward for any news...

Last edited by Laureano; 22.08.2011 at 13:48. Reason: corrected typos
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  #29  
Old 22.08.2011, 13:51
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

nobody delivers outside the US from the SD list. You can try asking Digitec as to when they will drop price but they have none in stock.

I have 4 32Gb Touchpads which were ordered on Saturday and should be shipping out this morning EST
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  #30  
Old 22.08.2011, 13:54
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

Digitec do have in stock. They are priced 500CHF the 16 GB model, though. Congratulations for your reflexes ordering them during Saturday morning.
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  #31  
Old 22.08.2011, 14:12
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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HP need to save themselves else they will suffer the same sad fate as IBM is going through because they did not see it soon enough.
Eh?!?!?!?

The model being proposed for HP is a dead ringer for what Gerstner did for IBM in the 90s and onwards - to focus on high-value and business-oriented elements where their brand would help give value ("Nobody got fired for buying IBM."), and to dump the commodity, low-value and consumer elements of the company.
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  #32  
Old 22.08.2011, 14:14
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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nobody delivers outside the US from the SD list. You can try asking Digitec as to when they will drop price but they have none in stock.

I have 4 32Gb Touchpads which were ordered on Saturday and should be shipping out this morning EST

why would you want 1 let alone 4 touchpads that are already obsolete??
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  #33  
Old 22.08.2011, 14:24
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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why would you want 1 let alone 4 touchpads that are already obsolete??

I can answer: several things. If you like digging into these things, you can install android on these (people is trying to port it)., Indeed, you can already install ubuntu on it, that is OK at least for me.

If this is not your case, you can use it as it is for casual browsing, e-book reading (think it is cheaper than a cheapo chinese manufactured 7inches android tablet).... In the worst case scenario, you can have a digital frame of 10 inches cheaper than most digital frames of that size...

4 is another thing

Last edited by Laureano; 22.08.2011 at 14:25. Reason: addendum added
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  #34  
Old 22.08.2011, 14:36
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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The model being proposed for HP is a dead ringer for what Gerstner did for IBM in the 90s and onwards - to focus on high-value and business-oriented elements where their brand would help give value ("Nobody got fired for buying IBM."), and to dump the commodity, low-value and consumer elements of the company.
Yes, indeed and IBM's days are over. I think they realised just a little late that thier "high-value" business oriented elements are not that great. Nowdays I think you would find the "Nobody gets fired for buying IBM" saying is a useful cynical joke make around coffee machines or water coolers when looking at other over priced over hyped solutions from some of the other suffering giants.

I hope HP can move quickly and avoid this sort of thing as it is not nice seeing real ground breaking companies age into behemoths that can't seem to keep up with, let alone lead the market like they used to.
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  #35  
Old 22.08.2011, 14:59
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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It's a visionary move. HP cannot compete with hardware. At the server, PC, tablet or phone level. It's a brave decision to get out and re-invent themselves back to what they know and can do.

Oracle's acquisition of Sun sunk them. There moves into Tablets had no chance against Apple, and Lenovo were cleaning up on the corporate desktop. As for phones ? Pffttt. Crazy move to get involved.
have to agree. i think they do have good hardware and brand (at least on the enterprise side) but it is an increasingly commoditised market and as UTH says, i don't think they can compete with Sun/Oracle - HP seems like a company in disarray.
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  #36  
Old 22.08.2011, 15:02
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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why would you want 1 let alone 4 touchpads that are already obsolete??
for $99, i'd have one permanently glued onto my kitchen cabinet to have recipes.
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  #37  
Old 22.08.2011, 15:07
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

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for $99, i'd have one permanently glued onto my kitchen cabinet to have recipes.

lots on ebay, surprise surprise
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  #38  
Old 22.08.2011, 15:11
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

IBM is 100 years old. for a technology company, it's pretty good going. given the numerous shifts in the industry, it's amazing that the company didn't go bust or die in obsolescence. IBM have managed to re-invent itself and stay ahead of the curve.
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  #39  
Old 22.08.2011, 15:15
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Re: HP kills of WebOS devices and wants to get rid of PCs as well

Yes, but are IBM going to be able to do it again this time. Previous success is no guarantee of future success. My money is on the fact that they will never retain any semblance of what they were in their heydays.
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  #40  
Old 30.08.2011, 11:07
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How To Kill HP In A Year

Interesting article from the Wall Street Journal:

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HP's One-Year Plan

Let's say you were given a year to kill Hewlett-Packard. Here's how you do it:

  • Fire well-performing CEO Mark Hurd over expense-report irregularities and a juicy sexual-harassment claim that you admit has no merit. Fire four board members, as publicly as possible. Foment a mass exodus of key executives who actually know how to run the giant computer company.

  • Hire new a CEO from German competitor, SAP, which sells business software, not consumer products. Tell the new CEO, Leo Apotheker, that Mr. Hurd "left HP in great shape."

  • Draw public criticism from a major corporate-governance advisory firm, alleging Mr. Apotheker filled board openings with cronies.

  • Pursue pricey mergers and stock buybacks. Allow expenses to run out of control. Try to blow through billions of dollars in cash reserves before the next global economic slowdown.

  • Provoke partners Microsoft and Oracle by threatening to put HP's own operating software on PCs. Then decide not to. Remember that promising webOS software HP bought in a $1.2 billion acquisition of Palm last year? Sideline it.

  • Bristle when Oracle's Larry Ellison tells the New York Times: "The HP board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs." And file lawsuits when Mr. Ellison hires Mr. Hurd.

  • Boast that you're going to attack Apple's iPad with your $499 TouchPad. Then dump your TouchPad in a $99 fire sale and announce you're just not going to offer it anymore.

  • Telegraph to the world that you are just too dumb to make smartphones.

  • Raise your financial estimates, twice. Then miss them, twice.

  • Make sure Mr. Apotheker's memo gets leaked to the media - the one that says "watch every penny and minimize all hiring."

  • Announce plans to buy British business software company Autonomy for $10 billion, because it makes enterprise software just like SAP, which is what Mr. Apotheker knows best.

  • Announce plans to maybe sell the PC business. Or maybe spin off PCs as a stand-alone company. Uncertainty will damage the price.

  • Never mind the years of effort HP spent - including a controversial merger with Compaq - becoming the world's largest PC maker. Never mind that the PC business feeds HP's more profitable businesses. Dumping it is a beautiful absurdity that one analyst, Jayson Noland of Robert W. Baird & Co., described as "like McDonald's getting out of the hamburger business."

  • Watch Moody's threaten to downgrade HP's credit.

  • Act surprised as HP's stock plunges more than 40%.

  • Go to Wall Street and tell long, confusing stories about how you are transforming HP from a low-margin to a high-margin business.


From former CEO Carly Fiorina's spectacular flame-out, and former chairwoman Patricia Dunn's illegal spying scandal, to Mr. Hurd's alleged sex scandal that apparently didn't involve any sex at all, this sort of dysfunction has become "the HP Way."

It has been a year since HP fired Mr. Hurd. Jack Kevorkian couldn't have devised a better plan for euthanizing a company. But like the good doctor used to say: "Dying is not a crime."
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