HP Marketing PSG as Separate Business
HP is launching a series of ads marketing its PC division as a separate entity.
Wednesday HP revealed in an official company blog that it's launching a series of ads marketing its Personal Systems Group (PSG) as a spin-off company. According to the company, a new spin-off organization would be a $40 billion business with the agility and freedom of a start-up.
"Our preferred course is to spin off our PC business into a separate company, creating a more agile organization to help us better anticipate change and quickly respond to customers," reads the latest ad. "This will give us the freedom to deliver the best new products at the best prices faster than we ever have before."
Over on a website dedicated to the cause, HP executive VP Todd Bradley says that it's time to think like a startup again. "It's time to be nimble and revolutionary," he states. "It's time again for world-changing innovation. And so, it's time we realized we're at a crossroads in an evolving HP. But don't misunderstand: We – the same great folks who make HP PCs today – will make them tomorrow. We will continue to build on our legacy creating reliable, stylish, and high-performance PCs to improve your personal and professional life."
Just recently Bradley dismissed rumors about HP selling off its PC business, indicating that the numbers behind such a strategy didn't make sense. "My intention would be to lead it through this transaction ... and if it's a standalone public company, to lead that," he said
A few weeks ago during a Q3 conference call, HP CEO Leo Apotheker admitted tablets pushed HP into considering the spin-off PC business, that the PSG needs the flexibility to make its own decisions. "There is a clear movement in the consumer PC space," Apotheker said. "The tablet effect is real."
hopefully they will just sell them in china. I'm tired of having to fix crappy HP computers
They need to approach things in a more dynamic way like during the late 90s. Streamline their product line up too offer better value too. Drop the very cheapest offerings to concentrate on mid range and upper range products, with better quality, heck how about a couple of gaming machines too. Bring back the Voodoo name.
Note to HP PSG...you know maybe you need to think about moving your manufacturing back to the USA. If ZT Systems can do what they are doing at the price they offer you CERTAINLY can as well and probably do a better job of it.
Most consumers in the USA think of HP as a "US manufacturer" which it had been for decades until recently. You need to become that once again. Apple wants us to THINK they are a primarily US concern but they are NOT. T
Big name American 'employers'; not !
They design stuff here but don't actually manufacture in the US. They simply outsource the dirty business of 'making' stuff overseas. No wonder we have such a high unemployment rate.
And all the overseas manufacturing can be a serious political and security problem down the road. Can't get into a military conflict with the guys who make the hardware to operate your military :-)
There's no need to pretend like you know what the hell you are doing. Just admit that you screwed up WebOS, and then betrayed your loyal customers by implying that you were exiting the PC business. Accept the fact that you are clueless as to what consumers want, and that your customer base is now flocking to Dell and Lenovo and there is nothing you can do about it.
Sincerely,
Angry Ex-HP Customer
Used to be most American CEOs worked their asses off, now it seems many of 'em just sell their assets off. American companies have to end their obsession with beating the market's quarterly expectations and instead plan and work towards more market share, more revenue, more profits and a better future for their companies over 3 to 5 to 10 year terms. With the way it is now, most C level executives have their benefits and stock options tied to next quarter performance, to see if their profit levels beat market forecasts, so they'll do anything to beat those figures and contrive golden parachutes for themselves to jettison themselves from the company when the company inevitably misses the market's forecasts. It's like Bush and Obama priming the pump with trillions of dollars the USA is borrowing from China, Japan, the UK, the Saudis and the ultra rich in the USA to "stimulate" the economy now only so our children will have to pay back a larger inexorable national debt later. Enough! It's time to think medium and long term. That's what the Communist Chinese are doing. Are we going to let them take over the world economically?