It's Not HP, It's The PC

Image representing Hewlett-Packard as depicted...Image via CrunchBase

HP quarterly profit dips 19 percent CNet revenue down across almost all of its businesses ..... The one bright spot was its services division, whose 93 percent increase in revenue to $8.5 billion is due mostly to the company's acquisition of EDS last year. But in total, it was the third straight quarter of falling profit for HP. ...... HP saw better-than-expected growth in its sales in China ..... As the largest supplier of PCs in the world, HP is considered a bellwether for the technology industry.
It's Not Dell, It's The PC

What the PC companies like HP and Dell are facing is a paradigm shift that is underway. Not all of their woes can be attributed to the bad economy. The PC is not about to disappear, but it is about to lose its status as the center of the known universe.

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