Who would have thought? After only 45 days after having introduced its own tablet offering HP announced yesterday to abandon the hardware business for tablets. That’s a new record in burning money!
At the same time HP has announced plans to divest from all PC Hardware business as well – a shocking, yet not fully surprising move. PCs have become commodities and selling them these days is an uphill battle with razor thin margins.
So they’re fleeing to higher grounds, called services and underlined their decision with a 10 billion acquisition in that area the same day.
The revolution is under way – first victim announced: HP