The Risk Is Too Great: HP Terminates Its PC and Consumer Electronics Business
HP’s Q3 earnings call last week was, in a word, a doozy. CEO Leo Apotheker announced that HP–the largest PC manufacturer in the world–would essentially exit the PC and consumer electronics markets, and focus its efforts on high-margin data analytics services (an announcement that’s more than vaguely reminiscent of IBM’s 2004 decision to sell off […]
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