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.
Permalink for comment 543039
To read all comments associated with this story, please click here.
RE: The "Microsoft" effect.
by UltraZelda64 on Fri 23rd Nov 2012 16:59 UTC in reply to "The "Microsoft" effect."
Member since:

LOL... nice way to look at it. But Nokia is kind of different from the others you mentioned; in their case, they didn't just decide to go Microsoft-only. Mr. Head Dumbass Elop made the braindead decision to practically throw everything they had out and switch to Microsoft overnight. No sane businessman with any respect for his company or even his own public image would do that. I am still shocked at such a ridiculous move.

The other companies? Well... their dependence on Microsoft is just finally beginning to catch up with them and bite them in the ass, as ironically I have seen/heard being predicted probably a decade or more ago...

Reply Parent Score: 2