HP and Its Business Direction
April 2, 2014
I read “HP Agrees to Pay $57 Million to Settle Shareholder Lawsuit,” a Reuters’ story. I wonder, “Is this an April Fool’s joke?” Maybe.
The “real journalist” write up reports that HP has to pay lots of money for refocusing “the company on business services and products.” Okay, I remember that. Part of that effort was the purchase of Autonomy for $10 or $11 billion.
Here the passage I noted:
In the midst of a multi-year turnaround effort intended to revive growth, HP is trying to reduce its reliance on personal computers and move toward computing equipment and networking gear for enterprises.
The problem is that either the “real journalist”, HP, or gremlins see HP without the cloud, Autonomy as a service, and other voodoo HP was working on.
When HP is at the controls, I am never sure where the farm tractor will go. When “real journalists” explain a company, I want to make sure I am not in the hemp field.
Stephen E Arnold, April 1, 2014
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