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Old 08-19-2011, 12:42 AM   #64
HarryT
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This really shouldn't come as any great surprise to anyone. For many years, HP have been repositioning themselves as a software and services company, just as IBM, Fujitsu, etc, have. Hardware sales form a third of HP's revenue, but only around 10% of profit, and the Touchpad has been a disaster- despite recent price cuts, sales have been abysmal.

This move makes sense.

The other side of the coin is that HP are poised to buy Britain's largest software company, Autonomy, for a reported £6bn ($10bn).

Last edited by HarryT; 08-19-2011 at 01:20 AM.
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