As reported yesterday, HP (http://www.hp.com/) has announced their intent to exit the personal computer Business. This move comes as the company struggles to stay relevant in the ever dynamic consumer products marketplace.
For years, HP has attempted to build upon its successful printer business by acquiring other consumer product companies such as Compaq and (most recently) Palm. The move to now exit those businesses is a win for Apple computer with its hugely successful iPhone and iPad products which have been competing with HP’s Palm Pre and the just released HP TouchPad. Another big winner is Dell who is already the leading PC manufacturer. Based on HP’s exit, Dell can only expect to continue to gain market share. Read the rest of this entry