Linked by Thom Holwerda on Thu 18th Aug 2011 19:34 UTC
Hardware, Embedded Systems Major bombshell, and sorry, but this certainly requires a breaking tag as well: HP has announced it is discontinuing operations for webOS devices - effective immediately. Just like that... The TouchPad and Pre 3 are dead. Eh. Raise your hands if this brings back those painful memories of that infamous 'Focus Shift'. In addition, the company also announced its intention to sell its personal computer business.
Thread beginning with comment 485812
To read all comments associated with this story, please click here.
That's the end of HP
by transami on Thu 18th Aug 2011 20:05 UTC
transami
Member since:
2006-02-28

Somethings not right here. You don't invest heavily in a new technology just to turn around and abandon it first moment some difficulties show up. They had to know this would be a hard sell and would take a year or two to penetrate the market. I mean they had to know this, right? According to this report, it basically means they gave up after less than two months!!!

Are the people running this business complete morons? Now they are going to spin off the PC business too?
Printers won't save them. Don't they know that the tablet is going to kill the printer? I see only one future for HP now. Watch that stock drop like a rock. They are selling out. Bye-bye HP.

P.S. I am so angry about you giving up on WebOS I could spit nails and will never buy another product of yours ever again and I will do my damndest to see no else does either. FUHP.

Reply Score: 12

RE: That's the end of HP
by WorknMan on Thu 18th Aug 2011 20:16 in reply to "That's the end of HP"
WorknMan Member since:
2005-11-13

Are the people running this business complete morons?


Apparently so, as I saw this one coming a mile away. I knew the Touchpad was doomed before it ever launched. Same with the Playbook.

So, let this be a lesson, kids... doesn't matter how slick the OS is. You need those high-profile apps to go along with it.

Reply Parent Score: 1

RE: That's the end of HP
by Mexicali100 on Thu 18th Aug 2011 20:26 in reply to "That's the end of HP"
Mexicali100 Member since:
2009-10-15

There was a different CEO in place when Palm was purchased. Mark Hurd was a great CEO but got forced out on petty issues.
http://www.nytimes.com/2010/08/10/technology/10hewlett.html

Reply Parent Score: 2

RE[2]: That's the end of HP
by 1c3d0g on Fri 19th Aug 2011 02:40 in reply to "RE: That's the end of HP"
1c3d0g Member since:
2005-07-06

Hurd was NOT a great CEO! It only appears that way, but once you dig up the facts and talk to the people involved with HP, you'll quickly realize he's made major mistakes. I admit, not as horrible as Fiorina, but still, his decisions were not so favorable for the company. His relentless cost-cutting measures, for the most part, really did the most damage, especially to the R&D division. If a company won't spend on R&D, it might as well be dead, as it's only prolonging an inevitable failure.

I'm not saying I necessarily agree with Apotheker's decisions, but so far he seems to give good reasoning behind his actions and it appears the board members also agree with the direction he's taking with the company.

Reply Parent Score: 3

RE: That's the end of HP
by Lennie on Thu 18th Aug 2011 21:27 in reply to "That's the end of HP"
Lennie Member since:
2007-09-22

They pretty much said they want out of the consumer hardware business. Supposedly PC sales are way down.

I guess printer sales are still alright (for now ?)

Reply Parent Score: 2

RE: That's the end of HP
by Flatland_Spider on Thu 18th Aug 2011 22:07 in reply to "That's the end of HP"
Flatland_Spider Member since:
2006-09-01

HP has a history of doing this to consumer technologies, so this was written on the wall before the ink on the contract was dry.

HP is crap on the consumer side. Their stuff has been under engineered and overpriced for years. Their business tech is pretty good, but not the consumer stuff.

WebOS would have been a contender if they would have been bought by a company that said, "Build cool stuff. Hardware releases every six months, software releases every three, go" they might have had a shot, but HP goes cheap.

Are the people running this business complete morons? Now they are going to spin off the PC business too?


Yes they are, and the PC arm has been bleeding for years. Only the profits from EDS and ProCurve were keeping HP in the black.

Services and enterprise equipment is what's going to save HP. Seriously, look no further then IBM for an example, and HP has a better hardware stack then IBM does. Let's look at an example between a tablet and a server.

Tablet: $500 + HP official cover = $550 or so.
Server: $10,000 + Multi-year support/services contract + ProCurve switches + HP storage = the cost of the tablet being a rounding error.

Let Apple or whoever have the consumer market. Lock down the production side of things, and don't care how they access the servers.

Edited 2011-08-18 22:09 UTC

Reply Parent Score: 4

RE[2]: That's the end of HP
by SilConGeeky on Fri 19th Aug 2011 08:19 in reply to "RE: That's the end of HP"
SilConGeeky Member since:
2011-08-01

I agree with Flatland,

Silicon Valley was built on enterprise class products, Servers, Semi, Software, and Storage. This is REALLY what powered all the global infrusture in the background.

Reply Parent Score: 1

RE: That's the end of HP
by hackus on Fri 19th Aug 2011 00:47 in reply to "That's the end of HP"
hackus Member since:
2006-06-28

You know, given the board collusion in a industry with basically just 4 players, I wouldn't be surprised if the CEO of HP was given orders by Google's board to pack it in, in exchange for perhaps job security or new opportunities that will pop up with just 3 players in the market.

Board collusion between companies is business as usual now in the USA and Europe. Monopoly laws are not enforced unless the company can't make the payments to the forces who decide whether or not there indeed _is_ a monopoly in a particular market.

-Hack

Reply Parent Score: 1

RE: That's the end of HP
by OSbunny on Fri 19th Aug 2011 01:33 in reply to "That's the end of HP"
OSbunny Member since:
2009-05-23

Digitimes, a Taiwanese tech site, has been saying for months that HP is looking to sell off its PC business. I think they cited Samsung as a possible buyer. So really this is not as surprising as it looks.

IBM sold it's PC business to Lenova. HP will sell to some other Asian company. Pretty soon there won't be any US owned PC brands. It's only natural that things go this way because PC components have been manufactured in Asia for decades now.

Reply Parent Score: 3

RE: That's the end of HP
by aodash on Fri 19th Aug 2011 01:36 in reply to "That's the end of HP"
aodash Member since:
2011-05-24

My sentiments exactly (all of it). I couldn't have said it better myself.

Reply Parent Score: 1

RE: That's the end of HP
by jackeebleu on Fri 19th Aug 2011 01:37 in reply to "That's the end of HP"
jackeebleu Member since:
2006-01-26

Yeah, the loss of sales from you as a singular entity will surely sink HP. Oh Noes!!!

Reply Parent Score: 1