When former Palm CEO Jon Rubinstein signed off on selling his company to HP for $1.2 billion, little did he realize he was giving it the kiss of death. In an interview with FierceWireless, Rubinstein now says that he’d do things differently if given another chance, and he described HP’s acquisition of Palm as “a waste.” In particular, Rubinstein regrets that HP shut down Palm’s webOS operating system despite the fact that other companies are still mimicking its innovative multitasking system. More →
HP could certainly use a lucky break and the company thinks it may just get one as soon as Microsoft stops supporting Windows XP next year. Computerworld reports that HP executives are banking heavily on the demise of Windows XP to revive their fortunes and have even come up with a catchy slogan to describe the opportunity: “Goodbye XP, Hello HP.” Enrique Lore, the senior vice president and general manager of HP’s business PCs, said during a press conference this week that HP sees the end of XP as “a big opportunity” while adding that consumers looking to replace their XP-based machines would deliver a “significantly” bigger boost to flagging PC sales than Windows 8 ever would. Lore also said that HP hoped to differentiate itself from the PC pack by building products that “are cool.”
HP on Wednesday announced the Android-powered SlateBook x2 and the Windows-powered Split x2. The SlateBook x2 is equipped with a 10.1-inch 1920 x 1200-pixel display and a new 1.8GHz quad-core NVIDIA Tegra 4 processor. The tablet also features 2GB of RAM, up to 64GB of internal storage, a rear-camera capable of 1080p video recording, an SD card slot, HDMI-out, a USB port and Android 4.2.2 Jelly Bean. More →
A recent report suggested Windows 8 may have hurt the declining global PC market rather than helped it, and new inside data points to a continued negative trend in April. According to Digitimes’ research arm, the top-5 PC vendors in the world saw their notebook shipments plummet a combined 20% sequentially in March. The site thinks overall shipments will likely fall yet again in the second quarter as a result, and Q2 shipments could be down 15% year-over-year. HP, Acer and Lenovo saw the worst April shipment plunges according to Digitimes and excess inventory is reportedly building as vendors ready their next-generation laptop models.
In the wake of grim PC sales, HP may be preparing to release a high-end Android tablet in the coming months. A listing on the AnTuTu benchmark network, per TabTech, revealed a new tablet known as the HP SlateBook 10 X2. The slate is equipped with a 10.1-inch display, a new quad-core Tegra 4 processor clocked at 1.8GHz and Android 4.2.2 Jelly Bean. HP recently entered the Android tablet market with the mid-range Slate 7 that’s selling for only $169.99. The affordable tablet is equipped with a 7-inch 1024 x 600 pixel resolution display, a 1.6GHz dual-core processor, 8GB of internal storage, 1GB of RAM, Beats Audio, a microSD card and a 3-megapixel rear camera.
Things haven’t been going well for PC vendors as of late with sales recently experiencing their steepest decline ever in a single quarter. HP is just one of the many companies that is looking for unique ways to boost its deteriorating computer sales. The company announced this week that it has partnered with Leap Motion to bundle its 3D motion control sensor and Airspace App Store with specific HP desktop and laptop products. In the future, HP plans to embed Leap’s technology directly into some of its computers. BGR was left impressed after we tested Leap’s motion control sensor last July, calling the technology “a total game-changer” and “one of the coolest pieces of technology we’ve seen in a while.” The Leap Motion standalone sensor is slated to arrive at Best Buy stores on May 19th for $80. HP’s press release follows below. More →
Despite ill omens, the IDC report about PC volume decline hitting -14% in the first quarter shows once again how much trouble the tech industry is having when it comes to dealing with the ongoing computer meltdown. As I wrote last December, IDC has been completely out to lunch about this key trend for years. In March of 2012, IDC was still expecting “desktop and laptop sales to take off in the second half of 2012.” Last December, IDC cheerfully predicted 1.2% growth in computer sales between 2012 and 2016. Of course, the PC industry is tucking into a majestic swan dive that makes those projections downright surreal. How can one of the most respected research firms in the computer sector be so disconnected from reality? The answer is simple: Analysts from largest research firms simply aren’t allowed to call major turning points. More →
In case you haven’t noticed, things haven’t been going very well for HP (HPQ) lately and the company’s shareholders this week nearly voted to oust three members of its board of directors. As Bloomberg notes, three board members received less than 60% of the vote in the most recent shareholder referendum just one year after all of them were comfortably reelected with votes of 80% or higher. Erik Gordon, a professor at the Ross School of Business at the University of Michigan in Ann Arbor, told Bloomberg that such high negative vote totals are rare and that HP will likely have to force some members of its board to step down if it wants to retain any credibility with its shareholders. More →
The PC market is getting hit hard as tablets grow in popularity. PC sales declined this past holiday quarter for the first time in five years, and the first quarter isn’t expected to reverse PC vendors’ fortunes. According to a new report from Digitimes, however, laptop shipments are expected to climb across the board in the second quarter this year. “Toshiba is expected to enjoy a 42% on-quarter growth in the second quarter, followed by Asustek Computer with 41%, Hewlett-Packard (HPQ) 30%, Apple (AAPL) 26%, Lenovo 20%, Dell (DELL) 19% and Acer 10%,” Digitimes’ Aaron Lee wrote, citing vendors’ internal projections obtained by the site’s sources. The report also notes that Intel’s (INTC) next-generation “Haswell” processors will be unveiled in June.
LG (066570) on Monday announced that it had acquired webOS from HP for an undisclosed sum. Earlier reports noted that the two companies were in talks over a potential partnership as of last fall. Bill Veghte, executive VP for software and solutions at HP (HPQ), disclosed certain terms of the deal to AllThingsD on Tuesday. More →
My first reaction when I learned HP (HPQ) was going to build an Android tablet was, “Dear God, why?” But after playing around with the tablet a bit and seeing its super-low price point, I’ve concluded that HP’s new Slate 7 is actually a pretty solid effort for the company’s foray back into the tablet world. Let’s start with the price because it’s the most obviously appealing part of the tablet at a rock-bottom $169. What makes this clever on HP’s part is that it can offer the cheap tablet as almost a throw-in to its PC customers who would be interested in owning it as a complement their new computers. So not only is HP undercutting the Kindle Fire and the Nexus 7 price-wise, but it’s also creating an opportunity to package its tablet to its existing customers as a nice add-on. More →
After its failed acquisition of Palm and abandonment of webOS, Hewlett-Packard (HPQ) will now reportedly look towards Android to power its next-generation of mobile devices. Sources speaking to ReadWrite claim that the company is planning to release a high-end tablet that will be equipped with NVIDIA’s new Tegra 4 processor and powered by Google’s (GOOG) mobile operating system. It was also reported that HP may launch an Android-powered smartphone, however earlier comments from CEO Meg Whitman indicated that a new handset won’t be released in 2013. The news of HP’s migration to Android comes shortly after the company launched a new computer based on Google’s Chrome OS. HP’s high-end Android tablet will reportedly be announced soon.
A report issued by Quartz after the market closed on Tuesday suggested Hewlett-Packard’s (HPQ) board was actively discussing the possibility of breaking the company apart. The site claimed a breakup was one of several options the board was discussing in order to ensure maximum return for shareholders. According to a follow-up from AllThingsD, which has sources at HP who have regularly been proven accurate in the past, no such discussions are taking place. “No, HP’s board of directors is not actively studying a plan to break the company up,” wrote AllThingsD’s Arik Hesseldahl. This jibes with HP CEO Meg Whitman’s comments from this past summer — when asked by the reporter if HP might eventually break apart, Whitman replied, “No. As I see it, everything stays. Each of the pieces fit together.”