HP To Retain its PC Division

[Student26]

I cannot say that I am particularly surprised but Hewlett-Packard have:

decided that the PC is not dead and that it will not be selling its vast, $36 bilion-per-year, 20%-share-of-the-PC-market Personal Systems Group (PSG). . .

In a press release, HP’s new CEO, Meg Whitman, who replaced Leo Apotheker at the end of September, says that removing the PSG division would simply represent too much of an upheaval for employees and shareholders alike. Apotheker originally moved to sell off PSG because of its low profit margins (HP makes most of its money from servers and printers), but HP has now decided that keeping PSG as part of HP (as opposed to spinning it off) is the right move to make. . .

Basically, HP isn’t selling off PSG because it has realized that, without PCs, it would lack the scale to obtain quantity discounts on the components used in printers and servers.

Source

Official Press Release

[Bearcat]

I read about this earlier, and like you I am not too surprised by the decision.

[jj1two3]

I have owned several HP computers. Good move on HP's behalf.

[Bearcat]

I have owned several HP computers. Good move on HP's behalf.

Yup, I've had a PC made by HP and now one of their ProBooks laptops myself.

[safeguy]

It was bloody lame for them to even think of it in the 1st place.

[Kees]

The problem is that CEO's sometimes make decisions just to show what independent, visionary minds they have, while in fact they are covering their personal insecurity and fears to fail.

[Student26]

Considering how many computer that they make to simply shut down that operation would not have made any sense.