[conspire] HP Melt Down

[Ruben Safir]

On Mon, Aug 22, 2011 at 08:50:02PM -0700, Rick Moen wrote:
> Quoting Ruben Safir (ruben at mrbrklyn.com):
> 
> > I don't think that makes much business sense.  Evidently Wall Street
> > agrees.
> 
> Short term stock fluctuations don't do anything other than support what
> the late Louis Rukeyeser said:  'Wall Street has all the emotional
> stability of a thirteen-year-old girl.'
> 
> Long term, the problem is that HP Personal System Group (PC division) 
> had only a 6% operating profit in the quarter most recently reported,

Profits are profits and that is much better profits than your typical
pharmacy.  Plus, there is no way of figuring how much of that market
share helps suupport their other areas.

   
> which makes it, relatively speaking, a drag on the rest of the company
> compared to parts of the firm pulling in a lot more profit on smaller
> capital investment.  So, Apotheker apparently wants to go SAP -- or go
> IBM, as it were.
> 
> > My gut tell's me something else is wrong aside from the
> > change in CEO orientation.  One of two things.  A) HP felt it was
> > facing a patent war with Apple, and B) These guys HATE to compete.
> > They'd rather surrender whole markets than duke it out.
> 
> I think your gut needs to hear about Occam's Razor.  
> 
> > eh - I'm pretty frustrated with it all.
> 
> Why?  This isn't open source / free software at stake, just some rather
> dumb corporation that can't figure out what business it's in.  I've
> worked at a few, even.

I thought that the webos idea in every system was laying the ground work
for a genuine change in the landscape of common computer use...one I've
been looking for for about 15 years.  It was going to provide a single
nodular network of self-aware devices that intergrate smoothly.

Ruben

> 
> 
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"> I'm an engineer. I choose the best tool for the job, politics be damned.<
You must be a stupid engineer then, because politcs and technology have been attached at the hip since the 1st dynasty in Ancient Egypt.  I guess you missed that one."

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