 "HP pulls plug on tablets and phone business; PCs might follow")
There’s so much speculation that the PC business is suffering. It’s something that studies and reports are indicating and clearly, things aren’t working out for even the Goliath of PC manufacturers - HP. In what should come as a shock to many, HP has decided to stop development and production of WebOS tablets and phones. WebOS was developed by HP after it bought Palm over in early 2010. Things haven’t gone as per plan for HP and it has suffered massive losses after all the effort and money that went into it. The official press release mentions that HP would continue to look at alternative strategies for WebOS. Sales of HP’s WebOS-based devices struggled to gain momentum with Google’s Android powered devices and Apple, even after price drops.
Gone, before it even arrived
The PC business which includes notebooks and desktops is likely to be sold off, shut down or spun off into a separate unit. The printer business will continue to operate under HP as it is. HP had bought Compaq back in 2002 which also made it the largest PC manufacturer in the world. While the PC market hasn’t been upto the mark in the recent past, a closure or selloff of the PC business would be highly advantageous to companies such as Dell.
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