HP plans software surge - with or without webOS
By Stewart Mitchell
Posted on 1 Dec 2011 at 08:27
HP is planning to ramp up its software business, targeting a threefold increase in revenue.
"I want to double or triple our current revenue in software from the current level of $5 billion," chief executive Meg Whitman said in an interview with German newspaper Frankfurter Allgemeine Zeitung, without giving a timeline for the sales surge.
However, Whitman, who was appointed in September to replace Leo Apotheker, said the company had still not made a decision on the future of its webOS mobile software platform.
"It is complicated," she was quoted as saying when asked about the future of the unit. "We need a good decision, not a quick one."
Last month, sources told Reuters HP was looking to sell webOS mobile software platform in a deal that could fetch hundreds of millions of dollars, but recoup less than the $1.2 billion that HP paid last year.
Former eBay CEO Whitman also defended the $12 billion acquisition of British software firm Autonomy, a deal which was closed in October.
The buyout, which was the centre-piece of a botched strategy shift that cost ex-chief executive Apotheker his job, was "a good acquisition," Whitman said. "Autonomy has potential and we can turn it into a fast-growing unit."
My experience of HP software has been poor to date, their driver packages are almost always bloated even for something simple like a personal printer.
If you ever had to wade through HP's support websites to get updates for something as crucial as Tape Drives you quickly discover it can be like navigating a maze blindfold.
At first I thought this "shedding hardware" was a marketing stunt to contract HP's warehousing requirement, but it's looking more like the fat cats at the top have just FAILED epically time and again and in the most public way imaginable.
Doubtless they will still be lining their nest with huge Salaries.
By Gindylow on 1 Dec 2011
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