The Wall Street Journal reported yeaterda (Thursday) that Hewlett-Packard will spin off its global PC business. In the same time, HP announced that it is buying Autonomy for some $10 billion.
Clearly the company is moving away from low margin hardware business to services and software.
I am not worried about the PC side, we use HP heavily but just like IBM did and Lenovo ended up being a great player, I hope that the new HP PC business will do well.
The issue with HP is that unlike IBM it lacks the enterprise vendor image .. so how will HP rebuild its imgae in the enterprise .. will be interesting to watch.