Posts tagged: webOS

HP’s Strategic Announcements Signal Major Enterprise Focus

Randall Dazo
 Aug 19, 2011

In life they say “timing is everything” and for the financial community, it is no coincidence that HP made several announcements yesterday during their Q3 earnings call.

Leo Apotheker, HP CEO and President, made it clear that he intends to continue aggressively pursuing the enterprise services and software business. Mr. Apotheker announced three bold moves including:

  • “HP confirms that it is in the discussions with Autonomy regarding the possible offer for the company”
  • “HP board of directors has authorized the exploration of strategic alternatives for its Personal Systems Group (PSG)”
  • “HP will discontinue operations of webOS devices”

Any of these announcements made separately could have caused their shareholders to react differently, but as a whole provided a much stronger message of Apotheker’s strategy to transform HP. This was the first BIG announcement from Mr. Apotheker and it was important for him to set expectations for the company, its customers and its shareholders.

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