HP Rethinking Wisdom of Spinning Off PC Division

bdking writes "After signing off on former CEO Leo Apotheker's proposal to spin off or sell HP's personal computer unit, the company's braintrust is reassessing the wisdom of dumping a division that contributes nearly 30% of revenue and holds together a valuable supply chain." HP appears concerned not so much for the revenue generated by PC hardware, but instead by access to various distribution and supply channels. It seems that just announcing a spin-off has affected their access to retail distributors.

Comments

Re:Fire the board

[laffer1]

I recommend looking at who's currently on the board at HP. It explains everything. There's a ridiculous number of hedge fund managers and similar type people. They've only got one real HP person on the board and that person is from enterprise marketing or something like that. No one on the board understands their products or what they do except possibly this marketing person.

You would think a company like HP would have at least a few people who've run tech companies on their board.