Thursday, August 18, 2011

Rubenstein: Out of the Frying Pan (Palm) and into the Fire (PSG)


July 11: "To support this next phase of growth, HP has appointed Stephen DeWitt as senior vice president and general manager of its webOS global business unit. Jon Rubinstein, the visionary behind webOS, will assume a product innovation role within the Personal Systems Group (PSG) at HP."

http://www.pcworld.com/businesscenter/article/238482/death_of_hp_touchpad_changes_the_tablet_landscape.html

Aug 18: "WebOS could have been a contender. WebOS should have been a contender. HP had the financial resources, marketing muscle, and corporate presence to develop and promote WebOS and take the reins from RIM as the de facto mobile OS for business. Instead, it launched a half-baked tablet, scrambled around for seven weeks with no coherent marketing vision, and threw in the towel without even putting up a decent fight."


Aug 18: "HP's desktop and notebook revenue dropped 4 percent since last year's third-quarter report, and while the PSG division remains profitable, falling revenue and shrinking margins--coupled with the failure of HP's attempt to break into the tablet arms race--have likely soured the company on sinking any more resources into a division whose end is likely nigh.

Before HP made its stunning announcement, new sales figures showed that HP had slipped behind Apple in sales of laptops and tablets. During the quarter, Apple shipped 13.6 million units, 10 million of them iPads. That meant that Apple sold more iPads than HP did laptops (the company shipped 9.7 million notebooks in the period)."



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