[conspire] HP Melt Down
ruben at mrbrklyn.com
Thu Aug 25 18:26:01 PDT 2011
> One of the most important definitions of competition given by
> economists includes as an essential component getting out of
> unprofitable markets, and leaving them or selling that part of the
> business to those who develop a comparative advantage. As in
> IBM/Lenovo, and presumably HP and its so-far-nonexistent buyer (oops).
> No zombie corporations, as in Japan, no other forms of
> anti-competitive subsidy, etc.
The unit made a 7% profit over the last year which in most businesses is
a very considerable profit. What does your standard supper market make,
or GM? From how i can see it, computer businesses are very much like
Pharmacy companies. They spend more time trying to avoid competition,
and refusing to produce anything but the highest margins, then get
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