HP favoring PC business spin off over sale

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  • Reply 21 of 28
    I'm still not clear what exactly a spun off company is in relation to the spinner. Does it retain the HP moniker or change it? Does HP maintain any kind of legal or financial stake in the spun off company? Is the spin off a subsidiary? Any MBAs out there who can enlighten me?
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  • Reply 22 of 28
    jragostajragosta Posts: 10,473member
    Quote:
    Originally Posted by pooman625 View Post


    omg...hp sold hundreds of thousands of hp touchpads. No offense, but thats not even impressive on a $499 tablet not to mention a $99 one. Either way, it hasnt been the most successful company in the previous weeks... losing about $100 on each of those touchpads...



    I just learned something new today. I have two orders for Touchpads and HP has been driving me crazy. They make it nearly impossible to get information on the status (the online status checker never changes, I was on hold for over 2 hours before I gave up, and the online chat people don't know anything and refuse to put you in touch with anyone who does - except the 800 number where the wait time exceeds 2 hours.



    In any event, I finally got through to someone and got new information. They said that my order is in the system and will definitely ship, but that it will be about 4 weeks before they get any more stock from their supplier. So, apparently, they're still making them (if they were just shipping existing inventory, it wouldn't take 4 weeks). That is really bizarre. Why cut the price so low that their order fulfillment systems were brought to their knees - and then continue to make the product to fulfill those orders? Yet it's finite - they have a cutoff of 4 am on Aug 22. If you ordered after that date, they will cancel the order. So instead of making more, why not set the cutoff date earlier?



    It doesn't make any sense to me.



    Quote:
    Originally Posted by Robin Huber View Post


    I'm still not clear what exactly a spun off company is in relation to the spinner. Does it retain the HP moniker or change it? Does HP maintain any kind of legal or financial stake in the spun off company? Is the spin off a subsidiary? Any MBAs out there who can enlighten me?



    They can do whatever they want with the name. They can continue to use the HP name or they can come up with a new name.



    The spun off company is a completely independent company and works just like any other independent company. Initially, HP (parent) would own 100%, but they could sell, trade, or give away any portion that they wish. Some companies are spun off and retained indefinitely by the parent, others are spun off to prepare them for a sale and some are spun off and only part of the stock is sold.



    Quote:
    Originally Posted by Freshmaker View Post


    I know! If Apple lowered their prices a bit they could generate market share a lot quicker. They're doing great now - imagine if they cut prices 5% or 10%?



    They already have something like 95% market share and they're selling iPads every bit as fast as they can make them. How do you expect a 5 or 10% price cut to do more than cut Apple's revenues by 5 or 10% (and profits by a much higher percentage)?
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  • Reply 23 of 28
    solipsismsolipsism Posts: 25,726member
    Quote:
    Originally Posted by jragosta View Post


    I just learned something new today. I have two orders for Touchpads and HP has been driving me crazy. They make it nearly impossible to get information on the status (the online status checker never changes, I was on hold for over 2 hours before I gave up, and the online chat people don't know anything and refuse to put you in touch with anyone who does - except the 800 number where the wait time exceeds 2 hours.



    In any event, I finally got through to someone and got new information. They said that my order is in the system and will definitely ship, but that it will be about 4 weeks before they get any more stock from their supplier. So, apparently, they're still making them (if they were just shipping existing inventory, it wouldn't take 4 weeks). That is really bizarre. Why cut the price so low that their order fulfillment systems were brought to their knees - and then continue to make the product to fulfill those orders? Yet it's finite - they have a cutoff of 4 am on Aug 22. If you ordered after that date, they will cancel the order. So instead of making more, why not set the cutoff date earlier?



    It doesn't make any sense to me.



    Sounds like they already committed to parts and production of x-many units. They might even have additional charges from their hired factories if they don't utilize (read: dispose of) all the components they've received.
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  • Reply 24 of 28
    jragostajragosta Posts: 10,473member
    Quote:
    Originally Posted by solipsism View Post


    Sounds like they already committed to parts and production of x-many units. They might even have additional charges from their hired factories if they don't utilize (read: dispose of) all the components they've received.



    That may be the case - but if Best Buy alone had 230,000 unsold units, all unsold units were sold, and they have more at the factory to be produced, just how many TouchPads did they think they'd actually sell? Based on the above numbers, they must have planned on well in excess of a million.
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  • Reply 25 of 28
    tt92618tt92618 Posts: 444member
    Quote:
    Originally Posted by jragosta View Post


    That may be the case - but if Best Buy alone had 230,000 unsold units, all unsold units were sold, and they have more at the factory to be produced, just how many TouchPads did they think they'd actually sell? Based on the above numbers, they must have planned on well in excess of a million.



    That would not surprise me in the least if that had been their initial expectation. Remember, they planned to introduce the product in multiple markets globally.



    I'm surprised they didn't expect greater numbers than they did, and a bit saddened by it too, as I would love to lay my hands on one of these fire sale units ;-)
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  • Reply 26 of 28
    Quote:
    Originally Posted by Tallest Skil View Post


    You have a fair bit to learn about punctuation. Apple's prices don't need to be any lower at all.



    Punctuation? What are you talking about? And I was referring to the Apple's prices on iMacs, not iPads.
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  • Reply 27 of 28
    quadra 610quadra 610 Posts: 6,759member
    At this point who really cares?



    HP, if you're going to do something, just f'ing do it already, stop talking about it, and put out some products that aren't completely pointless and/or ill-conceived.



    Jeezus.
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  • Reply 28 of 28
    tallest skiltallest skil Posts: 43,388member
    Quote:
    Originally Posted by Freshmaker View Post


    Punctuation? What are you talking about?



    Solipsism's post, which you misconstrued.



    Quote:

    And I was referring to the Apple's prices on iMacs, not iPads.



    I made absolutely no differentiation as to on what Apple products' prices there should be action taken (to clarify again, none of them), so I have no idea where this is coming from.
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