Posts Tagged ‘hp’

HP spin off PC business

Wednesday, August 24th, 2011

Hewlett-Packard Co., the world’s largest personal-computer maker, confirmed its decision to spin off its PC business and even more shocking: it is going to “discontinue operations for webOS devices”. In other words, this is the end of the line for its just-launched tablet, the HP TouchPad as well as for its  smartphones that challenged Apple Inc.’s iPad and iPhone. This is a drastic change from past strategies and it will undo the famous HP-Compaq merger that was engineered by then-CEO Carly Fiorina a decade ago. (more…)