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HP quits consumer market

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bloody000:
http://arstechnica.com/business/news/2011/08/hp-may-get-out-of-pc-business-focus-on-software-services.ars
http://arstechnica.com/gadgets/news/2011/08/hp-washing-its-hands-of-webos-discontinues-tablets-pre-phones.ars
http://arstechnica.com/business/news/2011/08/does-apotheker-need-an-apothecary-why-hp-is-exiting-the-pc-business.ars



tl;dr : HP is done with consumer stuff like PC and webOS.

Freedom Kira:
Huh, that's too bad. In the world of pre-built computers, HP is a decent brand. Personally I rank them above average.

JoonasTo:
Their PCs are good.
Their shipalong software is complete garbage.

But at least they have good support.

fohfoh:
Depends how you look at it. I view Dell and HP as equals in the Desktop and Notebook market. Which isn't saying much.

In any case, HP should be a damn good buy once its stock stops shitting to the bottom. HP's other departments are WAY more profitable than their PCs.

bloody000:
Dell:
http://content.dell.com/us/en/corp/d/secure/fiscal12q2_release.aspx

--- Quote ---Business Units and Regions:

Large Enterprise had $4.6 billion of revenue, up 1 percent from a year ago on strong demand for servers and services. Operating income was $448 million, or 9.8 percent of revenue. Enterprise solutions and services revenue was $1.9 billion, a 3 percent sequential increase. Revenue from client products grew 1 percent for the year and 4 percent sequentially.

Public had record operating income of $484 million or 10.9 percent of revenue. Revenue was $4.5 billion, up 18 percent sequentially and down 3 percent for the year. Enterprise solutions and services revenue was up 7 percent sequentially. Client product revenue increased 34 percent sequentially.

Small and Medium Business had revenue of $3.7 billion, up 5 percent. Operating income was $404 million or 10.9 percent of revenue. Enterprise solutions and services revenue was up 16 percent, driven by a gain in servers of 17 percent; services of 17 percent, and storage of 11 percent.

Consumer revenue was $2.9 billion, a 1 percent increase, with revenue for laptops and desktops up 4 percent. Operating income was $73 million or 2.5 percent of revenue.

Growth countries outside of the U.S. and Canada, Western Europe and Japan increased revenue 14 percent over the previous year and now account for 28 percent of Dell’s total revenue. Specifically, India and China were up 21 and 20 percent, respectively.
--- End quote ---





HP:
http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1598003

--- Quote ---Business group highlights

Services revenue grew 4% year over year with a 13.5% operating margin. HP also announced the appointment of John Visentin as the new executive vice president for Enterprise Services reporting to Apotheker.

Enterprise Servers, Storage and Networking (ESSN)revenue grew 7% year over year with a 13.0% operating margin. Networking was up 15%, Industry Standard Servers was up 9%, Business Critical Systems was down 9%, and HP Storage was up 8%. 3PAR revenue accelerated, with triple-digit year-over-year growth operationally.

HP Software revenue grew 20% year over year with a 19.4% operating margin. HP Software revenue was driven by strong growth in licenses and services of 29% and 30%, respectively.

Personal Systems Group (PSG) revenue declined 3% year over year with a 5.9% operating margin. PSG remains the PC market leader in terms of units, revenue and profit share. Commercial Client revenue grew 9% and Consumer Client revenue declined 17%.

Imaging and Printing Group (IPG) revenue declined 1% year over year with a 14.7% operating margin. Commercial revenue was down 7% year over year with commercial printer hardware units up 1%. Consumer printer hardware revenue was up 1% year over year on 7% unit growth. IPG continued to drive innovation and momentum with digital presses and web-connected printers.

Financial Services revenue grew 22% year over year with a 9.4% operating margin. Financial Services continued to see its strong performance driven by both double-digit growth in lease volume and a healthy improvement in portfolio assets.

--- End quote ---

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