HP abandons handset business plan to divest PC business

The aftermath of Google's takeover of Motorola Mobility was announced early yesterday morning when Hewlett-Packard officially renounced all operations around the Touchpad tablet and webOS handsets at its earnings meeting in the third quarter of 2011.　　But Hewlett-Packard also said the company would continue to optimize the webOS software platform, but will not develop its own hardware products, but instead authorize webOS to other vendors. HP CEO Li Ai (Leo apotheker) and CFO Keshy Les (Cathy Lesjak) attended the earnings conference call in Thursday to interpret the status and prospects of the performance. They say the reason for abandoning webOS's mobile phones and tablets is that the sector's operating losses are too severe, up to $322 million trillion, or even more than $266 million trillion in revenue.　　Even if the recovery plan is deployed, it will take years and no guarantee of success. In addition, referring to Google's acquisition of Motorola, Apotheker said the mobile market is undergoing some great changes, "This week's news is just another indication of the pace of change in this area."　　"In other words, webOS is inherently difficult to compete with Android, and Google's foray into the hardware sector will further increase the difficulty of competition." Apotheker still admits that tablets are having a real impact on the PC sector. HP needs enough flexibility if it is to remain the world's largest PC maker. HP announced at its earnings meeting that it had bought all the shares of Autonomy, the UK software company, at a price of 25.50 pounds (42 dollars) per share.　　The deal is expected to be completed by the end of the year.　　In the future, Hewlett-Packard will expand its software and cloud computing services and plan to divest its highly profitable PC business, Mr. Lee said. Nanfang Daily reporter Cheng