heroxx20

none

General Tech

futture of Hewlett-Packard A MARINE geologist would have no problem grasping one of the main mechanisms of the information technology (IT) industry: after new technology is introduced, it sinks, often quite quickly, to the bottom of the IT ocean and becomes part of its sediment—commodities that are well understood, easily copied and hence not very profitable. This is why IT firms are always trying to move “up the stack”, reducing their dependence on hardware and pushing up into software and services, where margins are higher. These opposing movements help to understand why Hewlett-Packard, the world’s biggest computer-maker, announced on Thursday, August 18th, that it plans to sell its personal computer business, stop making smartph