Quote (silentdeathz @ Aug 20 2011 02:00pm)
HP's future plans also include no longer selling smartphones and tablet computers and refocusing on selling software.
HP shares fell 20% in Friday trading to close at $23.58.
"HP's future plans also include no longer selling smartphones and tablet computers and refocusing on selling software."
"HP's PC business is the world's largest, but by the end of next year, HP computers could be sold under another company's name."
Nobody said HP was going out of business. But the HP brand name, is shifting direction.
I know. And they are making a seperate business (as in a seperate name) that will continue making PCs and Tablets. The name HP will now be associated with software while this other name will be associated with their hardware.