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USA EditionYou are located: Home > All News > Business, Financial & Legal News > HP to exit PC business, WebOS gets final nail in the coffin

HP to exit PC business, WebOS gets final nail in the coffin

By: (more) | Business, Financial & Legal News | Posted: Aug 19, 2011 2:49 am

In a surprising move today, HP has overtaken headlines of tech sites with news that they are exiting the PC business and throwing WebOS the final nail to complete their death. HP has announced that its board of directors has authorized the evaluation of strategic alternatives for its Personal Systems Group (PSG), including the exploration of the separation of its PC business into a separate company through a spin-off or other transaction.

 

hp_to_exit_pc_business_webos_gets_final_nail_in_the_coffin

 

Is this news a result of the Google-Motorola combination? The continuing dominance of the fruit-logo smashing of Apple? The decline in PC sales? Are HP going to just sell printers from now on? What happened to buying Palm for over $1 billion and now they're just throwing it away? Wow is an understatement. For the full press release, check this out.

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