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HP: Will customers 'Discover' more of a master plan? | |
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| Time: 12:19 EST/17:19 GMT | News Source: ZDNet | Posted By: Robert Stein | ||
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What's the narrative? Last month, HP reported a second quarter that left a lot to be desired. The big news was that HP will cut headcount by another 11,000 to 16,000. Wall Street liked the move since it boosted profit margins, but HP can't cut its way to prosperity forever. HP has some good stories to tell — Moonshot for instance — but many analysts say the company is too tethered to commodity products. Indeed, servers, PCs, networking, and storage are all facing pressure from virtualization and cloud computing. HP needs to build a narrative around innovation and big moves. | ||
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