Linked by Thom Holwerda on Mon 22nd Aug 2011 21:19 UTC
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Member since:
2008-10-28
That makes for a quick explanation but there are many other factors to consider:
1) Companies (and HP is certainly not the only one in this respect) expect a much quicker turn around for their investment than it used to be. For instance when Xerox funded the Palo Alto Research Center in the early 70s they were expecting a profit in 10 (ten) years! (see "Dealers of Lightning: Xerox Parc and the Dawn of the Computer Age" for some perspective).
2) HP's CEO comes from SAP, a software colossus, and knows absolutely nothing about hardware -- and probably doesn't understand it either.
RT.