12/30/2011, 01:39 PM
I don't think the question is if or not you hang with a product, because even the best of consumer electronics product has a sales shelf life of less than 15 months.
Originally Posted by inertia1
If HP had said (a la Samsung) "we are not happy with this model, so we are going to retool" nobody would be unhappy. Most here would have been ecstatic because it would have shown courage and determination. It's how the game is played... make yourself better. Everyone has had to do it (Microsoft gaming consoles, Android OS, Apple - to stay ahead of the competition).
But if a company is looking at the 'tea leaves' and it sees the future in mobile computing technology and NOT in desktops and laptops and then chooses not to fight but to just quit... it is puzzling. And if you are not happy with minimal margins, you don't get more profit by selling a 'me-too' brand of Android or Windows tablet. You don't sell your old home until you at least have a bead on the new one, unless you want to be homeless.
For employees and investors, you don't inspire confidence by killing your most profitable line of business (PC division) and your potentially most exciting consumer technology (webOS).
Time will tell, but the signs have not been good. Some of their best creative minds have left, (most particularly Duarte to Google), where they are making other companies better. Despite the rumbling of returning to their roots of innovation, they are destined to be a company full of people wearing brown slacks, and tan shirts buttoned up to the neck with no tie, and sensible shoes... with no creative passion.
If you look at their stock price over the last year, the ups and down mirror the fortunes of the webOS saga. Maybe they will win over the investors and rise to their old stock prices. but right now they have neither a flagship product, nor high stock prices, nor any of the respect accorded to the other major players in the market.