hp story

15 years ago

I read that HP is going to discontinue making computer .. I sure hope that they continue making parts & giving support of us who have bought them..

Here is a link that might be useful: HP story

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Comments (13)

vala55
15 years ago
Years ago I was told companies have to make parts for 7 years after they stop. Don't know how it is now.

I don't know who I will buy a computer from if they do.
ntt_hou
15 years ago
It seemed that the PSG, HP's Personal System Group, is separating its PC group into a separate company. If this is so, the PCs will might still be there but maybe under another name.

It's so sad of what's becoming of PSG but this has been planned for quite a few years now. I wish Compaq Corp. was still here with us. Sigh...

Here is a link that might be useful: Direct article from HP
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mike_kaiser_gw
15 years ago
What's interesting is that not too long ago someone suggested that HP sell off it's computer division. Their response was that it would be "irresponsible..." Nothing like quarterly results to change someone's mind. ;-)

As part of the announcement HP also said they would be discontinuing cell phones (know anyone who owns an iPAQ) and tablets. I thought that was the reason they bought Palm...
DA_Mccoy
15 years ago
Key words here are "exploration" and "evaluation". The key sentence is "There can be no assurance that any transaction regarding PSG will be pursued or completed."

Only time will tell, and the sky is not falling.

DA
vala55
15 years ago
Oh, DA let us enjoy our misery. LOL
grandms
15 years ago
Remember when Carla was CEO and they bought Compaq for XX billions?

Right after I read about this yesterday, I received an email from HP advertising their tablet. Understand BB is sitting on a huge inventory of them.

Seems Apple has done them in.
DA_Mccoy
15 years ago
V,

Problem is if doom and gloom is unnecessarily promoted newbies, those of limited means, and perhaps others may become overly concerned. I have seen these announcements to shareholders before. Some have come to fruition while some have not.

Information is powerful. "A little bit of knowledge is a dangerous thing." However, worrying has never changed anything. Only time will tell.

DA
grandms
15 years ago
Well, shareholders were not happy at the news. HP's stock fell 20% in value today.
DA_Mccoy
15 years ago
I'm looking for the independent analysis of the day to see if that is shareholder reaction, or just another stock falling due to the Wall Street panic and paranoia.

DA
grandms
15 years ago
Don't know of many that fell that much.
llaatt22
15 years ago
Personal computers are just a commodity these days, built by contract assemblers in China just like microwave ovens.No big money in it. Probably sell it off with use of the HP name for five years or something. Just like what became Lexmark was the old IBM unit for personal computer printers.
DA_Mccoy
15 years ago
I guess all is not going as planned for HP as there appears to be no joy in Mudville. This might be the first sacrificial lamb.
DA

Here is a link that might be useful: Sacramento Business Journal
grandms
15 years ago
DA, in another article in the SBJ, HP is mentioned as a possible takeover target for Oracle. Wouldn't that be sweet revenge for Mark Hurd?

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hp story

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