Friday, August 19th 2011
HP Kills TouchPad, Could Spin Off PC Business
PC major HP announced its decision to scrap TouchPad, the company's flagship tablet device. But in a move that could rattle the OEM industry, there are feelers that HP might spin off its PC business. This is similar to what IBM did with its PC division, resulting in the subsequent creation of Lenovo. This move could take effect as early as by the end of this year. This is one of the most extreme makeovers in the company's 72-year history. It is sought to increase the company's long-term competitiveness against rival IBM.
It is not known if the decision to spin off the PC division will affect any of the 300,000 jobs HP maintains worldwide. HP's PC division (that sells desktop PCs, notebooks, and netbooks and related support services), is its biggest revenue generator, but also it's least profitable division. Whatever the reasoning behind this, the decision is a 180 degree turn from last decade, when HP spent no less than US $24 billion to acquire Compaq Computer, on its road to become the biggest PC vendor.
Source:
MSNBC
It is not known if the decision to spin off the PC division will affect any of the 300,000 jobs HP maintains worldwide. HP's PC division (that sells desktop PCs, notebooks, and netbooks and related support services), is its biggest revenue generator, but also it's least profitable division. Whatever the reasoning behind this, the decision is a 180 degree turn from last decade, when HP spent no less than US $24 billion to acquire Compaq Computer, on its road to become the biggest PC vendor.
35 Comments on HP Kills TouchPad, Could Spin Off PC Business
content.dell.com/us/en/corp/d/secure/fiscal12q2_release.aspx This is HP:
h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1598003 There's no money in the PC market. Fact.
"TouchDroid"
Anyone can do it, take a SDK version like galaxy tab or CM7, use the current linux kernel zImage, add dual boot then edit and or replace a few /system/lib + /system/lib/hw from similar hardware and that is about it. :rockout:
Just make sure you have a good init file for the HP Touchpad.
O by the way why is everyone so excited about less than USD$87~$130 touchpads and mobile phones there is 30 or more that falls into this category and most have actual DVB-T and many more features than what Apple would ever dream off + not limited by USA broadcasting law, tax complications and other bogus excuses.
Technologically we are at the bottom of the snail slime list of country's here.
As I've already predicted, within a decade we'll be playing Crysis V on an iPad 10 using some sort of dedicated cloud service... wireless mirroring will be enough to watch the game in its full glory on an 80" AMOLED 3D TV. Of course, desktop computing won't die but it's gonna be considered retro.
If I were you, I wouldn't buy stocks from any company focused on PC's or parts of them.