HPE: Missed? Hybrid What?

November 27, 2019

I read “HPE Misses Q4 Revenue Targets, Sees Decline in Hybrid IT Group.”

I noted this statement:

the company continues to see declining revenue in several business lines.

But there is a bright spot, according to an objective money expert type:

Analyst Patrick Moorhead noted that HPE’s growth in strategic areas like Aruba Services and Apollo is indicative of a positive long term revenue strategy. “For HPE, I believe the future is all about its differentiation and execution in the hybrid cloud and ‘everything as a service’ about which I am optimistic,” said Moorhead.

The future? More cost cuts? Nope. The HPE future is Kubernetes.

Some observations:

  • Misses, declines, yada yada. One point: progress is slow
  • Excitement.Excitement HPE?
  • Outlook? Sure, predict the future of HPE. No problem. Just guess.

Net net: A troublesome report from management making management decisions which appear to cause shares of HPE to drop. Yikes.

Stephen E Arnold, November 27, 2019

Comments

Comments are closed.

  • Archives

  • Recent Posts

  • Meta