It looks like the CEO at HP is smoking the crack and not sharing the recipe with the rest of us. A month after their TouchPad debuts they kill the product because it’s not selling like they want. OK, it wasn’t selling well at all from what I read, but come on you launched the thing when Apple was releasing the iPad2, what the hell do you expect!? You have a new and untested product going up against the most wanted toy on the market. Let’s not put any thought or … I don’t know, work into making the sales of that product better or maybe realizing that you picked the worst time ever to release it. Just dump that chump and blow through more cash on something else.
Next they are talking about ditching their PC business, which generates 1/3 or their annual income at HP. I mean, what crazy idea is that, especially when at the same time you talk about buying a database search software company for $10 billion in cash. What in the world is CEO Apotheker thinking of?? Just by talking about the stuff after kill the TouchPad HP’s stock dropped 12%! Can you say OUCH!