Hewlett-Packard is planning to combine its PC and printer businesses. Is this a smart move or a cheap way to delay the company's demise?
“Instead of innovating, HP HPQ is masking the incompetency of the PC business by merging it with the stronger printer business,” Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, wrote in a report this morning.
Further, Chowdhry said that:
Market News and Data brought to you by Benzinga APIs- “HP personal computer [business] has lacked innovation: HP personal computers are lagging behind Apple on screen resolution, industry design and other network technologies such as Thunderbolt.”
- “HP personal computer [business] has lacked quality: Compared to Apple AAPL, Sony SNE and Acer, lacks attention to detail.”
- “HP personal computer [business[ has lacked clear customer messaging: None of the people we spoke to have any idea of why they should buy [an] HP personal computer. However, all these people were very quick to point out that HP printers are the best – they never jam.”
- “HP personal computer division may destroy the healthy HP printer division.”
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Posted In: Analyst ColorNewsRumorsAnalyst RatingsTechAppleGlobal Equities Researchhewlett-packardHPHP TouchPadiPhoneipodTouchPadTrip Chowdhry
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