I have a theory: HP and Netflix are actually the same company. Let me explain. Netflix has had some problems lately. First, they raised prices, then announced that they would spin off DVDs to a new company. A lot of backlash and the company undid some of its decisions. Reversing direction, however, did not prevent a loss of customers.
HP has been in a very similar boat. First, they announced intentions to spin-off their hardware division, as well as discontinuing webOS hardware. After a lot of backlash from customers and investors, they replaced their CEO, but new CEO Meg Whitman said she would stay the course. This week, HP announced that they had decided not to spin-off their hardware division, claiming it to be too expensive to accomplish. This reversal, however, might be too little too late for consumers who are concerned about the longevity of the company.
What are the plans for the hardware division and webOS? Find out after the break, along with an interview with Todd Bradley, HP's Personal Systems Group Executive Vice President and the full press release.