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HP Hired Goldman Sachs to protect against Oracle
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Alex, in The Lounge - Off Topic
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Former HP exec Mark Hurd promoted to Oracle Co-CEO
For those of you that are webos users from the early palm days to the HP acquisition will remember this guy, who got ousted and then replaced by Leo Apotheker, which caused the spiral down of webOS with HP. Leo canned the Touchpad and "fire saled" it out. Many speculate if Mark Hurd was the CEO, things would have been different with HP and webOS. Larry Ellison is stepping down: http://www.engadget.com/2014/09/18/larry-ellison-safra-catz-mark-hurd-ceo-oracle/By Alex, in The Lounge - Off Topic
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PreCentral: Steve Jobs tried to protect HP and Mark Hurd to prevent everything that happened
The story of what happened to HP is a complicated and at times a depressing narrative. Things were going okay until 2010, when CEO Mark Hurd was forced out of his leadership position due to sexytime-driven accounting improprieties. That kicked off the era of Leo Apotheker, a disaster on all fronts for HP and webOS. It's been known for a while that late Apple founder and CEO Steve Jobs was a fan of HP as a Silicon Valley institution, and today Businessweek published an extensive piece on HP's fall from grace that included a fascinating nugget: despite HP being a competitor on many fronts with Apple, Jobs personally urged Hurd to reconcile with HP. Jobs went so far as to personally email Hurd within a few days of his departure, asking if he "needed someone to talk to" (Jobs had gone through a similar ouster, though with less sexytimes, from Apple decades earlier). "Hurd met Jobs at his home in Palo Alto, according to people who know both men but did not wish to be identified, compromising a personal confidence. The pair spent more than two hours together, Jobs taking Hurd on his customary walk around the tree-lined neighborhood. At numerous points during their conversation, Jobs pleaded with Hurd to do whatever it took to set things right with the board so that Hurd could return. Jobs even offered to write a letter to HP’s directors and to call them up one by one." Of course, Jobs's motives in talking to Hurd and attempting to smooth the ruffled feathers of HP's board wasn't entirely personal. Jobs believed that a healthy HP was "essential to a healthy Silicon Valley," with HP essentially standing as the founding company of California's technology hotbed. Of course, Jobs was not able to bring Hurd and HP's board back together, and in things unraveled very quickly with the questionable selection of former SAP CEO Leo Apotheker as HP's new chief executive. How different things would have been under Hurd is hard to say, but it's all but certain that webOS would have been given the time and the money it needed to succeed.
View the full articleBy NewsDummy, in webOS News
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PreCentral: HP warns investors to expect a rocky 2013; stock tanks
Maybe it's a good thing the webOS GBU is going to be divorcing splitting itself from HP, as the parent company is gearing up for a year that even has pessimistic analysts and investors caught off guard. HP today issued guidance for fiscal year 2013, expecting profits to come it at $3.40-$3.60 a share, which is well under the $4.16 average guesstimate given by the analysts that cover HP. Normally those analysts aren't far off, but a miss this big is cause for alarm - as indicated by the nearly 13% drop in HP's share price today. The drop in earnings is expect to be a "broad-based profit decline", i.e. HP expects a drop in profit across their entire business (enterprise services in particular is expecting the coming year to have revenues lowered by 13% and profits at next to nothing). In a weird statement, according to Business Insider, HP CEO Meg Whitman told investors that the company will be "more contained" in 2013. Whatever that means. By 2016, HP expects their revenues "to be growing in line with gross domestic product" with profits growing faster than that, thanks to "industry-leading margins and disciplined capital allocation." In other words, HP wants to operate on a fiscal sense more like Apple (high margin, low cost), though for that to happen they'll have to continue to make significant changes to the way they do business, starting by making all of their products more desirable.
View the full articleBy NewsDummy, in webOS News
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PreCentral: Monday Brief: Oracle almost bought Palm, another Galaxy S III, BB10′s comeback, and more!
Mobile Nations Podcast Feed Mobile Nations on iTunes Mobile Nations YouTube Galaxy Nexus, Viper and Optimus Elite now available on Sprint HTC One S review (T-Mobile U.S.) 'Samsung Galaxy S III' sighted in leaked video, hiding in plastic dummy case RIM announces the all new BlackBerry Curve 9220 in India Evidence that a BlackBerry 10 comeback in the USA is absolutely possible BlackBerry PlayBook OS v2.0.1.358 now available BlackBerry Error Codes Explained Radiant Defense brings Hexage's space-age goofiness to the tower defense genre Oracle considered purchasing Palm to jump into the smartphone business Could a Kickstarter campaign raise enough to make new webOS devices? Best free iPhone apps Celebrity iPhone 4S Siri commercials hit the air with Samuel L. Jackson, Zooey Deschanel Instapaper vs Pocket vs Readability: Read later app for iPhone shootout! (And don't miss our video interview with Pocket's founder!) Report: Windows Phone Tango aiming for a June release by Microsoft and carriers Will Microsoft deliver a Windows Phone 8 update or won't they? European carriers reportedly not convinced by Nokia's push to challenge competitors
View the full articleBy NewsDummy, in webOS News
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By Alex
For those of you that are webos users from the early palm days to the HP acquisition will remember this guy, who got ousted and then replaced by Leo Apotheker, which caused the spiral down of webOS with HP. Leo canned the Touchpad and "fire saled" it out. Many speculate if Mark Hurd was the CEO, things would have been different with HP and webOS.
Larry Ellison is stepping down: http://www.engadget.com/2014/09/18/larry-ellison-safra-catz-mark-hurd-ceo-oracle/
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By Alex
Its interesting to see the change in ownership of webOS along with the logo changes:
Palm webOS
HP webOS
LG webOS
Also Open webOS (opensource)
Source: webOS on Wikipedia
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By Alex
Hewlett-Packard (HP) reportedly will launch a US$99 tablet and will cooperate with Wal-Mart to sell the device in the US retail channel, targeting back-to-school demand, according to sources from the upstream supply chain.
The US$99 tablet is manufactured by China-based BYD and is the second tablet that HP has outsourced to the China-based maker. The device adopts a 7-inch touch panel and Intel's Medfield-based single-core processor.
In early 2013, Acer released its 7-inch Iconia B1, priced at US$150, which was the cheapest 7-inch tablet at that time, and in mid-2013, Asustek Computer announced at Computex 2013 the MeMO Pad HD 7, using a solution from MediaTek with a price of US$129, dropping tablet pricing to a new level.
Some market watchers already forecast that a sub-US$100 tablet would appear in the third quarter at the soonest, and if HP decides to release the tablet, it could trigger other vendors to follow suit, the sources said.
This is the second time HP offered its tablet at US$99. In 2011, HP slashed its TouchPad's price from US$499 originally to US$99 to quickly clear out inventory due to weak demand. As a result, HP suffered great losses which impacted the device's manufacturer Inventec.
After 18 months, HP has returned to the tablet market, but has chosen to cooperate with China-based BYD for its tablet devices. Although HP had many issues such as shipment quality, the US brand vendor continues to outsource its new products to the China-based maker, indicating that Taiwan makers are losing their advantages and seeing their influence in the IT market weakening as the IT market gradually becomes price-oriented.
However, some market watchers believe that HP's US$99 tablet may not be able to gain advantages in the market as the tablet will be selling mainly through specific retail channels, limiting its overall sales volume, while the tablet's Intel single-core processor specification, compared to other vendors' quad-core ARM-based processors, may pose difficulties to attract consumers.
Source Link: http://www.digitimes.com/news/a20130724PD213.html
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By Alex
I called HP small business shopping to check the order of my Touchpad and cancelled pre 2 phone, they told me that they have 15 or 16 of teh HP veers in stock, you have to call their toll free number.
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