Linked by Howard Fosdick on Fri 23rd Nov 2012 14:03 UTC
In the News Hard to believe, but articles are popping up at business websites claiming that venerable Hewlett-Packard may fail. In their most recent fiasco, HP wrote off a loss of $8.8 of their $11.1 US billion acquisition of Autonomy and have alleged fraud in the deal. Revenue is down 7% from a year ago and the stock has hit a 10-year low. The company is laying off 27K employees but that may not be enough. Some speculate HP might be broken up into parts with buy-outs involved. This article from last May offers a good in-depth analysis of how all these problems came to pass.
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RE: Comment by kaiwai
by UltraZelda64 on Fri 23rd Nov 2012 15:25 UTC in reply to "Comment by kaiwai"
UltraZelda64
Member since:
2006-12-05

IMO it's dumb that HP is even in the computer OEM business. When I think Hewlett-Packard, I think printers, scanners and other computer peripherals. Simple things that just work, in combination with a computer. In fact, due to my experience with their printers in the past as well as their support for open source printer drivers in Linux, my current printer is an HP, and if I ever need another one it will probably also be an HP.

Computers, though? I wouldn't buy one of those, because to me, HP just isn't about computers. Sure, it may be a bad way of looking at it, but it's how I feel--and the fact that they bought such an absolutely shitty OEM (Compaq) doesn't make me feel any better about it. I feel similarly, though not as strongly, with other computer styles like tablets. It doesn't help that I didn't like the design of the systems I've seen in the first place.

Selling off their computer OEM business and consolidating their peripheral product lines, IMO, would probably be a good idea. I remember reading a recent article that said HP has something like 2,100 (!) laser (!) printer models alone. I'm sorry, but even if all your company produces is printers, nothing else, two thousand laser printer models is just obscene and a huge drain on... well, a lot of stuff. Maybe give the guy who decided it would be a brilliant idea to have thousands of printer models alone the boot.

HP needs focus, and a leader that won't get them into such resource-draining, expensive, poorly-profitable (if profitable at all) messes.

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