Web OS is being kept alive but HP will no longer make devices for it. In other words it is at the mercy of other manufacturers who may or may not want to use WebOS.
As many of us predicted, HP fucked up WebOS. HP isn't a software company and had no idea what to do with it. Bummer too because if it gone to the right company it could have given Apple a run for their money. Oh well...
As many of us predicted, HP fucked up WebOS. HP isn't a software company and had no idea what to do with it. Bummer too because if it gone to the right company it could have given Apple a run for their money. Oh well...
Give it time... Google will make an offer to HP for WebOS.
All the publications are not reporting that it is dead. Read what they are saying. HP is keeping WebOS alive but they are killing all devices that use it. (... and, yes, in any sane person's mind that is just as good as dead, but it is not what HP is saying... WebOS lives...).
I get a mental image of a disembodied brain in a large glass dome ....
Hold on a second. Where did AppleInsider get the idea that HP was killing off WebOS? No other outlet is reporting that, and those claims aren't answered or sourced here.
Jumping the gun much, AI?
Nope. Directly from HP's web site:
Quote:
Originally Posted by HP Press Statement
In addition, HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward.
OTOH, HP did not say exactly that they will spin off the PC business. Officially, it is only an option. So a better headline would have been "HP kills TouchPad and WebOS phones"
DED was right though in predicting HP would completely botch the WebOS initiative. I think he predicted that when HP bought Palm.
All the publications are not reporting that it is dead. Read what they are saying. HP is keeping WebOS alive but they are killing all devices that use it. (... and, yes, in any sane person's mind that is just as good as dead, but it is not what HP is saying... WebOS lives...).
ZDnet
{Summary: HP drops a bombshell?as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *?will discontinue operations for webOS devices?, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
The answers you've gotten are incomplete. A spin-off is a mechanistic action. Focusing on the results (is it like agilent? Is it like Lenovo?) only confuses the issue.
Specifically, a spin-off occurs when a company restructures operations in such a way that a new entity is created which has its own shares. Specifically, Company A has a subsidiary or division (call it Company . Company B is wholly part of Company A and the results are reported as part of Company A's results.
Now, Company A spins off Company B. That means that there are now shares in Company B which are tied directly to company B. So, when Company A reports their operating results, Company B is not included.
This can be for any number of reasons. Often, it is done before selling Company B (Lenovo). Or, it can be done to shelter Company A from liability for some reason. Or because Company A thinks that their relationship is holding Company B back from achieving its full potential. Or any number of other reasons.
It becomes more complex than that. When Company A spins off Company B, Company A can sell all of the stock, some of the stock, or none of the stock. So it is entirely possible for Company B to now be an independent company, but still fully owned by Company A (different than a subsidiary because a subsidiary does not have its own stock). The difference is that if Company A owns Company B's stock, the results would now typically (although not always) be reported as investment income rather than operating income.
Not at all. See above. There are plenty of examples where subsidiaries or divisions are spun off without selling the company.
The only thing I'd add is that sometimes the reason for the spin-off is to allow either a) or b) (or both) to go private.
{Summary: HP drops a bombshell?as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *?will discontinue operations for webOS devices?, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
You've got to wonder if there is something about WebOS not being said as of yet such as a major patent problem that HP don't want to fight.
You've got to wonder if there is something about WebOS not being said as of yet such as a major patent problem that HP don't want to fight.
It's probably worth something and they may just sell it at a bargain price. Maybe Samsung or HTC since their Android champagne dreams have turned in to nightmares.
Wow! I mean, just wow! I don't think anyone saw this coming. Sure, maybe some day, but this soon?! Even God is sitting on his cloud, mouth agape, rubbing his eyes.
Man, if I was one of the nine people who bought a TouchPad, I'd be SO pissed!
The only thing I'd add is that sometimes the reason for the spin-off is to allow either a) or b) (or both) to go private.
It's maybe simply that with PCs HP have decided flogging dead horses isn't a good business model and I suspect webOS has some serious patent liabilities they recently discovered. Someone at HP has big balls to be this decisive. My hat off to them though, they will be around years from now due to this surgical amputation unlike some other companies in the PC business.
{Summary: HP drops a bombshell—as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *”will discontinue operations for webOS devices”, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
Here... the WSJ article says it best (essentially saying the same thing as ZDnet... just clearer):
"As part of Hewlett-Packard's planned spinoff of its PC business, it will keep the webOS software business but let go of the hardware, meaning H-P is shutting down its tablets business, people familiar with the matter said."
Watching the giants fall is unnerving, if only because the last one standing will inevitably become a monster. Power and corruption are two aspects of the same phenomenon. Within the next 5 years, Apple's and Google's abuses will make the worst of Microsoft look like Reagan did when compared to W.
Except that HP wasn't really competing in the consumer space, were they? Sure, they moved a ton of units. But they weren't really giving Apple, for instance, a fight in similar spaces.
When was the last time that someone looked at an HP feature, and thought: Wow! Everyone's going to want this soon!
Comments
Post-PC era for sure, folks. But it's almost comical the way we're heading into it.
I feel sorry for the suckers who actually bought the whole WebOS baloney. It was already dead when Palm killed it.
FACTBOX-HP's ten largest deals since 2000
NEW YORK, Aug 18 (Reuters) - Hewlett-Packard Co <HPQ.N> is
close to a deal to buy British software company Autonomy
<AUTN.L> for $10 billion, according to two sources familiar
with the company's plans. [ID:nN1E77H131]
A $10 billion deal would be HP's third-largest deal since
2000, according to Thomson Reuters data.
The following are HP's 10 largest deals during that
period.
SIZE
COMPANY ($ MLN) DATE
------------------------------------------------------
Compaq Computer Corp 23,518.4 09/04/01
Electronic Data Systems Corp 13,031.0 05/13/08
Mercury Interactive Corp 4,193.5 07/25/06
3Com Corp 2,716.8 11/11/09
3PAR Inc 1,961.0 08/23/10
Opsware Inc 1,613.5 07/23/07
Palm Inc 1,544.4 04/28/10
Indigo NV 1,449.3 09/07/01
ArcSight Inc 1,418.8 09/13/10
Triaton GmbH 427.1 02/23/04
------------------------------------------------------
SOURCE: Thomson Reuters Deals Intelligence
(Compiled by Michael Erman. Editing by Robert MacMillan)
((Reuters Messaging: [email protected]; +1
646 223 6021))
Keywords: HP AUTONOMY/
When HP merged with Compaq, both stocks went down!
Web OS is being kept alive but HP will no longer make devices for it. In other words it is at the mercy of other manufacturers who may or may not want to use WebOS.
As many of us predicted, HP fucked up WebOS. HP isn't a software company and had no idea what to do with it. Bummer too because if it gone to the right company it could have given Apple a run for their money. Oh well...
As many of us predicted, HP fucked up WebOS. HP isn't a software company and had no idea what to do with it. Bummer too because if it gone to the right company it could have given Apple a run for their money. Oh well...
Give it time... Google will make an offer to HP for WebOS.
All the publications are not reporting that it is dead. Read what they are saying. HP is keeping WebOS alive but they are killing all devices that use it. (... and, yes, in any sane person's mind that is just as good as dead, but it is not what HP is saying... WebOS lives...).
I get a mental image of a disembodied brain in a large glass dome ....
Hold on a second. Where did AppleInsider get the idea that HP was killing off WebOS? No other outlet is reporting that, and those claims aren't answered or sourced here.
Jumping the gun much, AI?
Nope. Directly from HP's web site:
In addition, HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward.
OTOH, HP did not say exactly that they will spin off the PC business. Officially, it is only an option. So a better headline would have been "HP kills TouchPad and WebOS phones"
DED was right though in predicting HP would completely botch the WebOS initiative. I think he predicted that when HP bought Palm.
Give it time... Google will make an offer to HP for WebOS.
My money is on Mattel.
Well I suppose best buy will be stuck with them webOS tablets after all!
1.2 billion for a printer OS, giggle!!
All the publications are not reporting that it is dead. Read what they are saying. HP is keeping WebOS alive but they are killing all devices that use it. (... and, yes, in any sane person's mind that is just as good as dead, but it is not what HP is saying... WebOS lives...).
ZDnet
{Summary: HP drops a bombshell?as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *?will discontinue operations for webOS devices?, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
The answers you've gotten are incomplete. A spin-off is a mechanistic action. Focusing on the results (is it like agilent? Is it like Lenovo?) only confuses the issue.
Specifically, a spin-off occurs when a company restructures operations in such a way that a new entity is created which has its own shares. Specifically, Company A has a subsidiary or division (call it Company
Now, Company A spins off Company B. That means that there are now shares in Company B which are tied directly to company B. So, when Company A reports their operating results, Company B is not included.
This can be for any number of reasons. Often, it is done before selling Company B (Lenovo). Or, it can be done to shelter Company A from liability for some reason. Or because Company A thinks that their relationship is holding Company B back from achieving its full potential. Or any number of other reasons.
It becomes more complex than that. When Company A spins off Company B, Company A can sell all of the stock, some of the stock, or none of the stock. So it is entirely possible for Company B to now be an independent company, but still fully owned by Company A (different than a subsidiary because a subsidiary does not have its own stock). The difference is that if Company A owns Company B's stock, the results would now typically (although not always) be reported as investment income rather than operating income.
Not at all. See above. There are plenty of examples where subsidiaries or divisions are spun off without selling the company.
The only thing I'd add is that sometimes the reason for the spin-off is to allow either a) or b) (or both) to go private.
A friend of mine works for Autonomy. They're a very smart group of people. I wonder what advantages they get from being bought by HP.
Just ask the Palm people
ZDnet
{Summary: HP drops a bombshell?as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *?will discontinue operations for webOS devices?, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
You've got to wonder if there is something about WebOS not being said as of yet such as a major patent problem that HP don't want to fight.
I get a mental image of a disembodied brain in a large glass dome ....
Jan in the pan
Just ask the Palm people
Ouch!
You've got to wonder if there is something about WebOS not being said as of yet such as a major patent problem that HP don't want to fight.
It's probably worth something and they may just sell it at a bargain price. Maybe Samsung or HTC since their Android champagne dreams have turned in to nightmares.
Man, if I was one of the nine people who bought a TouchPad, I'd be SO pissed!
Maybe RIM will follow suit in the tablet space?
The only thing I'd add is that sometimes the reason for the spin-off is to allow either a) or b) (or both) to go private.
It's maybe simply that with PCs HP have decided flogging dead horses isn't a good business model and I suspect webOS has some serious patent liabilities they recently discovered. Someone at HP has big balls to be this decisive. My hat off to them though, they will be around years from now due to this surgical amputation unlike some other companies in the PC business.
ZDnet
{Summary: HP drops a bombshell—as well as the TouchPad and WebOS.
HP said Thursday that it will discontinue its WebOS operations as the company cut its outlook for the next two quarters.
The company said it *”will discontinue operations for webOS devices”, specifically the TouchPad and webOS phones. And that WebOS unit will cost HP some dough to discontinue. HP will also spin off its PC unit.}
Unless I have a comprehension problem, which is quite possible, I read that that webOS is dead, only it will take some dough to completely kill it.
Here... the WSJ article says it best (essentially saying the same thing as ZDnet... just clearer):
"As part of Hewlett-Packard's planned spinoff of its PC business, it will keep the webOS software business but let go of the hardware, meaning H-P is shutting down its tablets business, people familiar with the matter said."
http://online.wsj.com/article/SB1000...053718850.html
* ... and the ZDnet article left out the word "hardware" when they were discussing about the cost of shutting down the WebOS (hardware) unit.
Watching the giants fall is unnerving, if only because the last one standing will inevitably become a monster. Power and corruption are two aspects of the same phenomenon. Within the next 5 years, Apple's and Google's abuses will make the worst of Microsoft look like Reagan did when compared to W.
Except that HP wasn't really competing in the consumer space, were they? Sure, they moved a ton of units. But they weren't really giving Apple, for instance, a fight in similar spaces.
When was the last time that someone looked at an HP feature, and thought: Wow! Everyone's going to want this soon!