HP To End PC Business
Recently, HP announced its decision to go back to its roots. But this would mean radically changing the main business activity of the company which is the production of PCs and computer technology development. When the company was found, it was dedicated to serving the special needs of engineers and to develop ’machinery and equipment that every engineer would find necessary to exercise his profession'- such technology includes photo-shooting equipment, measuring equipment and different mechanical and electric tools for engineers and architects.
The decision of HP to go back to its roots is not quite welcomed around the world. Many IT support London specialists would probably find such a decision quite dramatic especially when most of the computer devices world is dominated by HP. In the US and Korea where the company is traditionally quite strong, the shares of HP dropped in value with nearly 20% - such a decrease makes the company almost worthless as compared to its value when it first started dominating over the computer market.
Some suggestions indicate that the company is longer a competitive rival to companies that deliver the best of computer technologies nowadays - starting with Sony and Apple and reaching Acer and Lenovo. Others think that this is a major development intended to bring the company fame in one particular sector where less competition is expected - engineering. This would mean that more specialized technology would be delivered by HP and less consumer technology would reach the stores for the general consumer.
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