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HP will keep its PC business

No spin-off or sale after all
Fri Oct 28 2011, 08:32

HARDWARE, SERVICES AND PRINTER INK FIRM HP has made a decision about the future of its Personal Systems Group - the part that makes PCs - and will keep it.

The firm was not sure what it would do with the PC business while software and services man Léo Apotheker was in charge, but he's not anymore, Meg Whitman is, and what she says goes.

"HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," said Whitman, HP president and CEO. "HP is committed to PSG, and together we are stronger."

The firm carried out a strategic review before making the decision. It is likely that this included some of the "Whaaaaaaaaaaaaat?" reactions and reports that came out at the time of Apotheker's announcement, but HP would only say that it was a "data-driven evaluation".

The result of the evaluation was a realisation that personal computers are tied to HP's business, contribute to its brand value and would be much too expensive to spin off into a separate business. µ

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Comments
"data-driven evaluation"

Ah, bureaucratese. Gotta wonder just how they come up with unnecessary adjectives. Is that taught in the better colleges as part of an MBA? Do they usually make decisions /without/ data? Hmm.

Unnecessarily specifying what's always the case would be to order at a restaurant: "I'll have lamb chops. -- Oh, and COOK IT. -- With red wine. -- And bring me a GLASS."

Anyway, as to HP: I'm still expecting them to resume making Touchpads too. That was all just a publicity stunt.

posted by : bigger_luddite, 28 October 2011 Complain about this comment
Thanks Goodness

Glad to see we will keep HP as one unit. Although it did wonders for Acers build quality when their Desktop branch was spun off! As a lot that have just been switching to HP from Dell it would have been a shame to see it vanish like IBM.

posted by : Salesman, 28 October 2011 Complain about this comment
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