A wrap-up of HP’s business strategy overhaul
- 19 August, 2011 15:26
Following the announcement that HP will kill off its TouchPad tablet, smartphones and may spinoff its PC business, Computerworld Australia has compiled a round up of the latest news.
Hewlett-Packard will discontinue operations for webOS devices, specifically the TouchPad tablets and smartphones. It also confirmed that it is exploring the possible spin-off or sale of its Personal Systems Group (PSG), which dominates the global PC market.
After pulling the plug on its webOS phones and tablet computers Thursday, Hewlett Packard said it expected to be less profitable than expected during its current fiscal quarter, which ends Oct. 31.
Hewlett-Packard is reportedly set to announce that it will spin off its PC business and purchase analytics software vendor Autonomy for $US10 billion -- moves that will allow it to focus on the higher-margin enterprise business revolving around software, services and servers.
Hewlett-Packard's sale or spin-off of its PC business will put pressure on Microsoft to "hit the ball out of the park" with Windows 8, an analyst said today.
The acknowledgement yesterday by Hewlett-Packard (HP), the world's largest PC maker, that it is considering spinning off its massive PC manufacturing business means "they see the writing on the wall," as one analyst put it.
Hewlett-Packard's announcement on Thursday to stop making tablets and smartphones based on webOS surprised many analysts, who said the company buckled under the pressure of Apple's momentum and growing support for Android.