Comments on: Report: HP still has no idea what to do with itself http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/ Wed, 19 Jun 2013 14:50:35 +0000 hourly 1 http://wordpress.com/ By: Christian Verstraete http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1309665 Fri, 08 Feb 2013 12:25:06 +0000 http://gigaom.com/?p=607638#comment-1309665 Just to straighten things. The debate with William Hewlett 12 years ago was about the refusal by HP to break out its printer business. And a majority of shareholders decided it was not a good idea. Second, slashing R&D costs was the responsibility of Marc Hurd, now at Oracle.

Meg Whitman is working at rebuilding the company, re-investing in R&D, in areas such as project Moonshot, the next generation of servers, memristor, the future of storage etc. So, if I were you, I would not underestimate the company as you guys are doing. I’m appalled about the little research done by GigaOm prior to publishing such articles that are miles away from the current HP reality.

]]> By: lomifeh http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308756 Wed, 06 Feb 2013 15:36:52 +0000 http://gigaom.com/?p=607638#comment-1308756 I can comment on the cloud portion. HP doesn’t really understand what the whole cloud thing is beyond their attempt to use it to sell hardware to enterprises. In any discussion I have regarding cloud computing HPs name is something of a joke.

They do have some good hardware but they don’t know what to do with it I think in response to the market changing.

]]> By: I'd rather not say http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308671 Wed, 06 Feb 2013 13:24:49 +0000 http://gigaom.com/?p=607638#comment-1308671 I’m currently looking at my first termination of employment thanks to working with this wonderful company. Externally it appears a mess, internally it’s a million times worse.

]]> By: Tom http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308487 Wed, 06 Feb 2013 02:19:30 +0000 http://gigaom.com/?p=607638#comment-1308487 HP was dead a little of 10 years ago with the Hewlett family lost a key vote by just a few percent. I forget the exact details but it was a very public fight.

Since then the idiot board members slashed R&D spending and created an aimless organization with no future. This is the realization of that lost proxy fight.

The shareholders are getting what they voted for, short term profits and no future.

Congratulations.

]]> By: jhesr http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308461 Wed, 06 Feb 2013 00:26:00 +0000 http://gigaom.com/?p=607638#comment-1308461 This is a rumor. Many articles are already coming out with an update saying it is a false rumor. The media should be more careful to distinguish between what is a rumor and what isn’t.

]]> By: Rich http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308455 Tue, 05 Feb 2013 23:59:44 +0000 http://gigaom.com/?p=607638#comment-1308455 The title of this article says it all.

]]> By: keninca http://gigaom.com/2013/02/05/report-hp-still-has-no-idea-what-to-do-with-itself/#comment-1308449 Tue, 05 Feb 2013 23:38:16 +0000 http://gigaom.com/?p=607638#comment-1308449 How can you not have faith in HP, they have MEG WHITMAN running the company! Why, she ran eBay, that surely gave her great insight into how to run a company selling computing and consulting services, computers, and printers that require bloated drivers and over-priced cartridges. And just recently, they announced a $329 Chromebook! Meg and HP are rolling now.

Actually, I heard the board asked her what she thinks the company should do, and she said “I have no idea. Why are you asking me?”.

Maybe they should bet everything on the memristor.

Oh, and Dell isn’t going to do any better. Anything they could do as a private company they could surely do in their current configuration. The going private thing is just a way for Michael Dell and the PE firm to make a few bucks. Really, do you think they have some secret plan to increase their profits, and they just don’t want to share it with their current shareholders? Nah, they figure they can buy a company with $60B in revenues for only $24B with debt, pay off the debt in 4 or 5 years, and then float the company again for maybe $20B, and still come out ahead. They’re just trading stocks, that’s all.

]]>