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PC Makers In Desperate Need of a Reboot

nmpost writes in with a story about how hard it is to be a successful PC company in today's world. "Hewlett-Packard Co. used to be known as a place where innovative thinkers flocked to work on great ideas that opened new frontiers in technology. These days, HP is looking behind the times. Coming off a five-year stretch of miscalculations, HP is in such desperate need of a reboot that many investors have written off its chances of a comeback. Consider this: Since Apple Inc. shifted the direction of computing with the release of the iPhone in June 2007, HP's market value has plunged by 60 percent to $35 billion. During that time, HP has spent more than $40 billion on dozens of acquisitions that have largely turned out to be duds so far. HP might have been unchallenged for the ignominious title as technology's most troubled company if not for one its biggest rivals, Dell Inc. Like HP, Dell missed the trends that have turned selling PCs into one of technology's least profitable and slowest growing niches. As a result, Dell's market value has also plummeted by 60 percent, to about $20 billion, since the iPhone's release."

7 of 622 comments (clear)

  1. Re:fire the board. by royallthefourth · · Score: 5, Funny

    Using company money to buy a yacht is actually a really good idea. Definitely what I would do if I had that job.

  2. Re:fire the board. by vux984 · · Score: 4, Funny

    I assumed he meant Carli's eyesight wasn't bad. Nothing else made sense.

  3. Re:fire the board. by localman57 · · Score: 5, Funny

    Agreed. Compared to buying Palm, buying a Yacht is a really good idea. I assume the yacht still has some residual value....

  4. Re:fire the board. by baka_toroi · · Score: 3, Funny

    So now we are not able to criticize women because that's sexist? You remind me of this: http://i1.kym-cdn.com/photos/images/original/000/352/749/e44.gif

  5. Re:The PC is Dying by Desler · · Score: 5, Funny

    But thin clients are the future! Stop being old and crusty and resistant to change even if its change for change's sake and for the worse.

  6. Re:Step one by Quiet_Desperation · · Score: 4, Funny

    Dumb is where you find it. The dumbest person ideologically I have ever met was a chief scientist where I work. Always going on about what he'd do if he were in charge. Batshit stuff. I finally told him that should that ever come about, I'd *personally* command the rebel army against him. The baffled look on his face was priceless, and it stopped him prattling on about mothereffing, fartsucking politics in my presence at least.

  7. Re:fire the board. by AshtangiMan · · Score: 4, Funny

    Dude I don't know what you have against shit and paper bags, but you're just being cruel comparing them to carli.