Also known as cutting your lo$$es:
"As tech landscape shifts, HP seeks more agility through split" by Brandon Bailey | Associated Press October 07, 2014
SAN FRANCISCO — Sales of personal computers have been in a slump for years, as customers flock to increasingly powerful smartphones, tablets, and other mobile devices. Now Hewlett-Packard, the Silicon Valley stalwart that was once the world’s biggest seller of PCs, has confirmed it will split off its PC and printing businesses. It’s the latest shakeup in a tech industry being reshaped by the mobile revolution.
Ah, we got a revolution in my corporate piece-o-crap.
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HP’s split is a sign that chief executive Meg Whitman sees more growth and profit opportunity in selling commercial tech products, including data-center hardware, business software, and cloud services, some analysts say. That’s the business she plans to lead, as chief executive of a new company called Hewlett-Packard Enterprise.
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It's time you and I realized this whole $y$tem is geared toward $elf-$erving elites that are now abandoning us all.
That puts more pressure on the HP Inc. spinoff, which will be led by current PC and printing executive Dion Weisler as chief executive. Though it was once the world leader in both segments, HP, of Palo Alto, Calif., is now number two to China’s Lenovo in PC sales.
Tablets now out-sell laptop computers, but, ‘‘They can be profitable,’’ Bob O’Donnell of TECHnalysis Research, said, ‘‘but it’s a stable, flat kind of market.’’
Printer ink had been a major source of profit for HP.
Why did the cratering new$ indu$try just pop to mind?
But printing also is a stagnating business, as more people store photos and files online and view them primarily on phones and tablets.
Well, I dunno, what with the nude photos of celebrity scandal.
Everything I have is here.
Even so, tying the printing business to PCs should provide a stable source of revenue for HP Inc., said tech analyst Patrick Moorhead of Moor Insights and Strategy.
HP also could expand that business to include 3-D printing systems and home networks for Internet-enabled thermostats and other gadgets, since many printers are part of a home network, he added.
HP printer your $mart meter?
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Hewlett-Packard has posted revenue declines in 11 of the past 12 quarters and laid off tens of thousands of people in recent years as it attempts to cut costs.
They still made billions-per-quarter in profit.
During its most recent quarter, HP reported revenue of $27.6 billion, a 1 percent annual gain. It marked HP’s first year-over-year increase in quarterly revenue since late 2011....
HP is expected to complete its latest round of layoffs, between 11,000 and 16,000 people, this month. Total job cuts will now stand at 55,000, up from a planned 50,000.
In an interview with CNBC on Monday, Whitman left open the possibility of more layoffs as the separate businesses determine their cost structures going forward.
The stock is up nearly 32 percent since the start of the year.
That is the only thing that is important.
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