HP is splitting off its PC and printer business to concentrate on the enterprise. Has CEO Meg Whitman made a good decision? More important, do HP shareholders think so (this time around)? Their reception is crucial, because the last CEO that tried to split HP was sent packing.
In IT Blogwatch, bloggers get two for the price of one.
Filling in for our humble blogwatcher Richi Jennings, is a humbler Stephen Glasskeys.
Marc Ferranti drives in reverse:
Reversing the corporate strategy CEO Meg Whitman set three years ago, Hewlett-Packard is set to announce...that it will split off its PC and printer business into a separate...company. MORE
And Dante D'Orazio surfaces, then splits:
This is not the first time talk of splitting HP has surfaced. During [HP's] very tumultuous 2011, reports suggested that executives were close to making the...same decision to split off the enterprise division. MORE
Now, Jack Schofield resurfaces:
It's not clear why the [split] idea has resurfaced now. However, IBM has shed its PC division and its x86 server business...to China's Lenovo...and HP is trying to compete with IBM in the enterprise market.
Whitman could be hoping for a boost in the HP share price that will come from being seen as an enterprise supplier. MORE
Ron Amadeo rejects a proposal:
[This] is basically the plan...proposed [by] Léo Apotheker. ... Shareholders didn't like the plan though. So after Apotheker was fired and...CEO Meg Whitman took over, she decided to keep the PC division. MORE
Startup L. Jackson knows the spot price of ink:
HP sells ink for $75/oz and controls 40% of a huge market. That does not suck. MORE
MG Siegler sounds fair -- to middling:
HP to break into two companies. One mediocre, the other middling. MORE
Meanwhile, Tom Krazit conjures up Carly:
Should we consider this the final referendum on the Compaq merger? MORE
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