HP to stop making computers!

By : Administrator
Published 19th August 2011 |
Read latest comment - 12th October 2011

Blimey, couldn't believe this one

"Hewlett-Packard has confirmed plans to stop making PCs, tablets and phones, in order to refocus on software.

It has also emerged that the US company has agreed to buy UK software firm Autonomy for

Steve Richardson
Gaffer of My Local Services
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forum avatarVideo Inventory Agency
19th August 2011 10:31 AM
Ouch!! I also really like HP and my desktop, printer etc is HP.

Fair play to them though. They have made a very brave decision due to the tough economic climate to concerntrate on what they believe will make them prosper.

A lot of people say you need to diversify when things get tough but sometimes you just need to knuckle down and concertrate on the core of your business. Will be keeping an eye on them.

If any bargain comes out, that would be the ideal time to replace my thinkpad

Thanks,
fourth-monkey

Always liked HP...hopefully they are making the right call, though I have my reservations. A lot of software products are going open source nowadays so to give up their slots as the worlds largest PC maker is definitely an extreme call.

Malok

A lot of software products are going open source nowadays so to give up their slots as the worlds largest PC maker is definitely an extreme call.

Agree totally, still gobsmacked to be honest. I guess that free's up Dell to take over the world.

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

I guess that free's up Dell to take over the world.

Heh...now thats definitely a scary thought.

Malok

Side note, doesn't appear to be helping their stock prices very much:

H-P hits six-year low, losses lead tech action - MarketWatch

Maybe they should rethink their strategy.

Malok

Looks like this thread has generated some interest, have seen a spike in traffic over the last few days with this thread as the entry point!

Google Search - HP to stop making computers

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

I am a big fan of HP Compaq Servers. As far as I know HP sell more PC's than dell. I think they are the biggest PC sellers on the planet, so this is a bit of surprise. However, I am not that surprised. Margins are low on PC's and I have seen that IBM became more profitable after selling it's PC arm to Chinese Lenovo, so it may be trying to do a similar thing and concentrating on more profitable areas.

Ryan

Looks like this thread has generated some interest, have seen a spike in traffic over the last few days with this thread as the entry point!

I think Google favours this forum(for search results) over others because it has got less or no spam posts(linking to bad neighbourhood) at all, credits to you guys.

Thanks,
fourth-monkey

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