HP Laptops: crap. HP Inkjet printers: too expensive for actual use, stop working when you need them. If they still make other stuff I'm unaware of it, I see the HP brand as a negative signal.

Boeing has been mentioned often on HN as an example of how management can destroy a very good company. I think HP is actually a much better example, they were the brand to emulate and now anything they do is what you really want to stay away from.