There is a rumor going around that Hewlett-Packard Company is planning to sell or simply close its PC computer business. The rumor was consequential enough for HP to issue a denial.
“Irresponsible reporting by Taiwan’s Commercial Times, suggesting that HP might sell its PC business, should be dismissed as market rumor and speculation. HP runs the world’s largest PC business and it is core to HP’s strategy for the connected world.”
A Morningstar contributor wrote “HP ships more PCs than anyone, but we still dislike the deteriorating economics of this business.”
Steve Wildstrom on Tech (former tech editor for BusinessWeek) just sent me his take on the situation with these words in the subject line: “Ditch That Remote: Tablets and Smartphones Are Taking Over.”
H-P doesn’t have Tablets and Smartphones.
I have an HP desktop computer and a Dell laptop. When they fail and finally they will, I am not likely to buy another laptop or desktop.
Perhaps HP sees the light.
Nice blog.