Re:Why HP Fell
by Spooky23 on Monday August 20, 2018 @11:23AM
(#17800708)
HP was like West Coast IBM, complete with the paternalistic (although a different style) culture and history of fat margins.
The problem is that they started acquiring things too late, and bought mostly crap that didn't have a big moat around them. IBM exists because they made smart sales 50-60 years ago that are still returning value to the company in the form of maintenance, services and complementary sales.
HP chose unwisely and bought into legacy platforms that weren't as sticky.
The problem is that they started acquiring things too late, and bought mostly crap that didn't have a big moat around them. IBM exists because they made smart sales 50-60 years ago that are still returning value to the company in the form of maintenance, services and complementary sales.
HP chose unwisely and bought into legacy platforms that weren't as sticky.