HP Explains Decision to Shop Its PC Business

Hewlett Packard created more waves than a tsunami yesterday when the OEM confirmed rumors that it plans to dump its PC business, yet still managed to surprise industry analysts by announcing the end of operations for webOS devices, and specifically the slow selling TouchPad and webOS phones. Now that the the dust has settled, it's time to look at why HP thinks reinventing itself is a good idea.

In one of several press releases issued late yesterday, HP said it has the full support of its board of directors to evaluate "strategic alternatives" to its Personal Systems Group, "including the exploration of the separation of its PC business into a separate company through a spin-off or other tra... »read more

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