They don't need to do any such thing
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| Author | Content |
|---|---|
| Grishnakh Nov 01, 2011 4:09 PM EDT |
Instead, HP just needs to start selling off their assets and preparing to fold. Maybe Agilent can buy their name from them too. This company is doomed. |
| JaseP Nov 01, 2011 5:43 PM EDT |
With revenue of over $31B per year, I'm not so sure that would be a wise choice. HP may be losing money in the Personal Systems Group arena, but it is still responsible for their largest amount of cash flow. They declared dividends of $0.40 per share this year. What they really ought to have done is to lowered the dividends and used that to hedge against market trends in the PC business, while they restructured. Let's face it, ... the traditional PC market is declining. There will always be a place for workstation PCs & desktops, but the use cases are decreasing against what can be done with a laptop, tablet, netbook or other device. I find myself using my Android tablet much, much more for things I previously did on a more traditional PC platform. |
| Grishnakh Nov 01, 2011 7:38 PM EDT |
It would be a wise choice, as their board has proven that they are the most inept and idiotic board of directors ever seen in a company this size (have you forgotten about this?). The only reason they're still going is because of inertia, not due to anything resembling competence from their management. As for tablets replacing desktops for some things, sounds fine, except that HP has already proven themselves incompetent at that too, with the whole WebOS/Touchpad fiasco! As I said before, this company is doomed. They should just sell off their assets. I'm sure someone else could do a much better job with their printer division, for instance. |
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