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HP's profits plummet after nixing WebOS

11/21/2011 10:16 PM EST
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rick merritt
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re: HP's profits plummet after nixing WebOS
rick merritt   11/23/2011 6:46:03 PM
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I neglected to mention Whitman said she increased HP's R&D budget by 10 percent and will increase it again in 2012.

old account Frank Eory
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re: HP's profits plummet after nixing WebOS
old account Frank Eory   11/22/2011 6:00:27 PM
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The macro economy, Europe, blah blah blah. The simple fact is, the previous CEO committed an enormous blunder (for which he was handsomely rewarded) and that pain will be felt for many quarters to come. It's no surprise that some mistakenly thought HP was getting out of hardware altogether. It's also no surprise that there may still be some uncertainty about HP's commitment to hardware, considering the $10 billion acquisition of an analytics company. That's a staggering sum for a company that insists it is not trying to re-make itself into a software company. It almost makes the Palm acquisition look like pocket change.

rick merritt
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re: HP's profits plummet after nixing WebOS
rick merritt   11/22/2011 6:42:26 AM
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Whitman said HP's biz in China was especially impacted by the fact the company considered getting out of that biz. Some mistakenly thought HP might get out of all hardware altogether, she said. Whitman is committed to PCs now, despite their low margins.

prabhakar_deosthali
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re: HP's profits plummet after nixing WebOS
prabhakar_deosthali   11/22/2011 5:17:26 AM
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Some short sighted decisions by the top management and some flip-flops related to its PC business have hurt HP's reputation badly

rick merritt
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re: HP's profits plummet after nixing WebOS
rick merritt   11/22/2011 2:25:20 AM
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WebOS is history at HP. And it sounds like someday Itanium will be, too.

selinz
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re: HP's profits plummet after nixing WebOS
selinz   11/22/2011 12:07:16 AM
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There was some speculation that Meg would bring back the WEbOS and tablets. Guess not...

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