Linked by Thom Holwerda on Tue 30th Aug 2011 21:25 UTC
PDAs, Cellphones, Wireless We're living in crazy times, that's for sure. Less than two weeks ago, HP announced it was going to quit making webOS devices. To get rid of existing stock, HP drastically cut the price of the TouchPad to a mere $99 - and this has resulted in a massive run on the device. Lines formed everywhere, and the device is now completely sold out. So, HP has just announced it is going to... Build an additional limited run of TouchPads.
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Member since:
2005-07-13

Seriously, not hard to believe PSG is the least profitable group at HP.

A few years back, I had a sales rep at our company come to me for authorization to book a large deal below established margin thresholds. I took a look at the deal, pointed out that the pricing the customer was demanding was $10K below our cost so we would be losing money, and she replied that was ok, she needed the revenue for her quota. Boggles the mind.

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