Aug 23, 2011

HP’s shift is latest blow to PCs

Written by : Tom George| 0 |

Via Scoop.itinternetbillboards

HP will shut its smartphone and TouchPad tablet business and may shed its PC unit. On Thursday, the world’s No. 1 computer maker said it is considering a spinoff or sale of its personal computer business, and said it is buying business-analytics firm Autonomy for $10.2 billion.

The stunner happened just days after Google said it would plop down $12.5 billion on Motorola Mobility, and Dell hinted at lackluster PC sales. HP’s PC division, which sold 14.8 million units in its second quarter and accounted for $40 billion, or about 30% of HP’s revenue last year, includes its newly launched TouchPad tablet and smartphones.

Despite a marketing blitz and glitzy product launch, TouchPad sales as have those of its competitive peers, including Motorola Xoom and RIM PlayBook have been desultory.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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