HP Mulling Spinoff or Sale of its Personal Systems Group
by Anand Lal Shimpi on August 18, 2011 4:25 PM ESTAlongside the announcement that it would cease operations on webOS hardware and evaluate its options for webOS software, today HP also revealed that it's considering a full/partial spinoff or sale of its Personal Systems Group (PSG). HP's PSG is responsible for all PCs both business and consumer, desktop and mobile.
Why spinoff the division? Client PCs aren't extremely high margin and the business is extremely competitive. HP appears to want to focus on growth in the enterprise space.
Source: Yahoo Finance
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sciwizam - Thursday, August 18, 2011 - link
Samsung.Byte - Thursday, August 18, 2011 - link
whether thats a good thing or not.Taft12 - Thursday, August 18, 2011 - link
Dell wants to be an "enterprise" company too. How much enterprise market is actually out there?IBM was light years ahead of their time selling the business off to Lenovo. Will anyone buy a consumer PC business with profit margins of 0.0001% ? Amazing how the events of a single day can show just how fucked one company has become.
Calabros - Friday, August 19, 2011 - link
there is not much market out there... especially under budget troubled government .... its exactly the effect of choosing a SAP staff as CEO who dont know how to sell anything to People !stmok - Thursday, August 18, 2011 - link
...HP is doing some price slashing of their desktops and notebooks in Australia.Depending on the store (retail or online); its as high as 40% to 50% off!
The Crying Man - Friday, August 19, 2011 - link
HP seems to be AMD's best partner. If HP sells this division off, what's to say the new ownership doesn't cut down on usage of their APUs? AMD pretty much gets stuck with Toshiba and Acer as their major partners. Compared to HP, their solutions just don't cut it for me.WackyDan - Friday, August 19, 2011 - link
Lenovo actually ships more AMD worldwide than any other vendor.The Crying Man - Saturday, August 20, 2011 - link
Wow, didn't realize that. Every time I've looked at Lenovo's offerings, it's been the netbook (E-350, Athlon Neo) variety. Even now on their website they only have the weaker A series APUs. HP, although only listing the dv6zqe, has 4 APU options.