Analysts expect solid quarter for HP

This CNN article on HP was a really interesting read simply because I had no idea that HP had improved that much since the former CEO Carly Fiorina (anybody remember her?!) was shown the door. It goes on to say that one year later, the new CEO Mark hurd has really helped to turn HP around while DELL’s shares have declined some 30%. Now that’s some achievement! It just goes to show that just because a firm hasn’t being doing well recently it doesn’t mean that it can’t make a dramatic turnaround. The flip side is that just because a PC manufacturer thinks that it owns the PC world, it doesn’t mean that it will continue to do so unchallenged forever! I read an interesting article some months ago on Michael Dell. Some 7 or 8 years ago in response to a question on what he thought that the new CEO of Apple (Steven Jobs) should do with the disaster that was then Apple, he said that he should sell it and give the money back to shareholders. Boy was he wrong! Not only is Apple booming in 06 with a soaring stock price, a rosy outlook, and the most popular music player in the world but now HP is also after DELL! It just goes to show how sometimes it’s the cocky manufacturer who can ultimately lose market share, to 2 competitors, if it isn’t careful. On a related note, my uni has replaced tons of Dell machines with HP machines and they are not bad at all! They are really sleek, powerful, and cool looking compared to the Dell machines. You see if you know me then you know that I am a passionate Apple guy and so any words of praise to a wintel machine isn’t an easy thing for me to do! Alright then, this concludes my geeky business post and my take on an interesting piece of business news