Welcome to LiMIT (formerly Lotus Magma Off the Cuff Magazine)
» Home » _Old Lotus Magma Articles
Saturday, July 21, 2018
Grab a bargain: Discounted HP Tablets follows Autonomy bid

Grab a bargain: Discounted HP Tablets follows Autonomy bid

Tue, Nov 1, 11, 00:00, 7 Yaers ago
star star star star star
0 out of 5 with 0 ratings
comments: 0 - hits: 294
Hewlett-Packard shares fell 20% following their successful bid for UK software firm Autonomy. In addition to the news of the acquisition, HP announced their intention to leave the PC and tablet market, questioning whether their decision will be profitable, or unrecoverable.

In a shocking turn of events, following the purchase of Autonomy, HP have announced that they are set to quit the tablet PC and Smartphone business resulting in their newly released HP Touchpad, being sold at extremely discounted prices.

HP's future plans focus on the selling of software and as their shares fell 20% in the first week of the purchase, trading to close at $23.58, this has proven to be quite an expensive month for HP. Acquiring the global leader in technology Autonomy for £7.1bn ($11.7bn), which is 64% above the firm's market value, we ask are HP biting off more than they can chew?

Overhauling a business

HP announced that their quarterly revenue results were $31.2bn (£18.9bn), so really £7.1bn shouldn't have been too much of a stretch. The BBC has intimated that HP computers could be sold under another company's name by the end of the year. At the time analysts were saying that "the move underscores Apple's dominance in smartphones and tablets with its iPhone and iPad products". However, with the resignation of Steve Jobs, could this be the breathing space HP need to stabilise their newly formed venture?

By leaving behind extreme profit margins and concentrating on profitable-computing for businesses they may not need to worry about this.

Autonomy has been experts in the business intelligence and business analytics for some time, and there is still scope for ample growth in the market. Coming from a legal IT background to me, Autonomy's reputation precedes them, which is why I for one am personally not concerned by the purchase, or HP wanting to concentrate on one topic rather than become a 'Jack of all trades'.

Autonomy

Autonomy who claims to be leaders in computing and enterprise search, was founded in 1996 borne out of Cambridge University. Cambridge, UK and San Francisco hold the dual headquarters as well as other offices around the world. It is a global leader in infrastructure software.

HP TouchPad

By BENM.AT Live CoverageI wrote a review about the HP Touchpad on 15 July 2011 when it was first released, just over two months later the price has gone from starting at £399 down to £219.00 on Amazon.

Overall due to global economic climate issues, and with the recent downturn of the stock market, investors are going to be wary when changes such as these occur. After the resignation of Steve Jobs this week, Apple's shares decreased, even though he is a figurehead and the product is as strong as ever, but is HP opting out of the tablet PC market a bad move?

On the revenue front no it is not because with Autonomy in the forefront there will always be quality work, especially as both companies are well known in the private and public sectors. The only downfall that is prominent here is if the tablet PC market continues to thrive, and HP would need to, or like to, go down that route once again - they would have a lot of ground to make up. Time will tell.

More information about the acquisition can be found on the official HP website.

Comments

There are no comments for this article.
Only authorized users can leave comments. Please sign in first, or register a free account.
Share
About Author
LiMIT Author
Member since Aug 26, 2017
Location: London
Following
User not following anyone yet.
You might also like
Music distribution tools help artists like Carl Rivers.
In her North London home on the afternoon of the 23rd July 2011, the singer was found dead at the tragic age of just 27.
The new face of rock and roll?
Music distribution tools help artists like Carl Rivers.
Young Knives are a compelling band to listen to, with original ideas and strong musical and lyrical talent.
Her fashion when she first started out was fun and original rather than crazy and hard to understand. She wore leotards and leggings maybe with something added in but it suited her. Her hair was straight blonde she looked good and people could relate to her as a normal person. Then she started wearing things that made her stand out and not always for the best.
Young Knives are an indie rock band formed in Leicestershire. The band is known for their very lively and energetic performances on stage.
Unimaginable creations, infallible detail and a faultless and commendable ease of skill, all of these things are Mark T Zeilman's paintings.
Science Fiction is a genre that allows the imagination to unfold to the extent that the possibilities are endless.
A festival from our international neighbors in the US.
2006 was the year Pixar Animation Studios once again amazed film viewers with the release of Cars. Its unique concept showing the world being populated by living cars fills out every childs dream expressed in their hours of make believe games. A hit with the box office meant a sequel was inevitable. However, five years of hopeful anticipation has been shattered with Pixars anti-climax hitting our big screens.
Still amazing, and still retaining the definition of legendary performers, Bon Jovi does not need an introduction. Year after year they return to the UK delivering flawless concerts, and I have yet to be disappointed. Read on as I set the scene at Hard Rock Calling (Hyde Park) London in this two part article, of the Bon Jovi Tour 2011.
Still amazing, and still retaining the definition of legendary performers, Bon Jovi does not need an introduction. Year after year they return to the UK delivering flawless concerts, and I have yet to be disappointed. Read on as I set the scene at Hard Rock Calling (Hyde Park) London in this two part article, of the Bon Jovi Tour 2011.
A review of Doncaster four-piece indie band, White Valentine
I met Liam Golder in 2010 and like Lotus Magma he has set up ventures to help very gifted musicians gain more exposure. He puts his heart and soul into his projects, and aside from publicising others, he is first and foremost is a singer and songwriter. With numerous chart hits and endless successes, if you are an up and coming artist, you had best keep your eye on Liam - read more about his in this two part article.
Alternative dance electronic indie pop alternative rock in Seattle.
I met Liam Golder in 2010 and like Lotus Magma he has set up ventures to help very gifted musicians gain more exposure. He puts his heart and soul into his projects, and aside from publicising others, he is first and foremost is a singer and songwriter. With numerous chart hits and endless successes, if you are an up and coming artist, you had best keep your eye on Liam read more about his in this two part article.
Everyone loves a good hero and it seems that Marvel has captailised on this idea making Captain America: The First Avengers its biggest money-mkaing hit yet.
After just facing off against each other as nemeses in the award winning Black Swan, Natalie Portman and Mila Kunis are once again trying to outdo one another. But who pulled off their rom-com better?
Not many people are comfortable enough in their own skin to post naked pictures on Facebook and therefore many of us do not concern ourselves with their nudity policy. However for Sharon Adams and Daniel Sprick who wanted to share their stories and their artwork, it was a different story.
A brief introduction into gothic artwork.
A brave, if not slightly exaggerated version of the story of Latif Yahia's harrowing experience of being Uday Hussein's body double.
The newest, smartest, thinnest and flashest Blackberry RIM have released to date. With a stainless steel sleek frame, sculpted surfaces, a wider touchscreen and power that is force to be reckoned with Blackberry is definitely the one to buy - or is it?
Pop and dance music have made somewhat of a comeback in recent years, being particularly popular with the younger generation.
The founder of Apple calls it a day as his role of Chief Executive. Tim Cook is set to take over the duties as Jobs who has already justifiably been described as a legend in his own right, will become Chairman. However, in the event of this rather sad day for Apple and its whole community, will this mean some breathing space for their competitors?
With song titles like 'Sweet Canadian Love' and lyrics to match, Scarlette Fever arent afraid to show a hefty classic rock influence and aim for fun and fearless sounds.
With US artists seemingly dominating the current RnB music scene, the UK appears to be in need of a strong contender to match the success of those across the pond. Jadan Lee is an up and coming UK pop and RnB singer who could just be the man for the job.
Fed up of hearing the same old songs on the radio? Want to hear something a little different? Then why not try the music of Franka De Mille, an up and coming acoustic and folk singer and songwriter from London.
Composer Alexander Morte shows off his creative genius with profound, classical music inspired, instrumental pieces. Although classical music might not be among your favourite genres, Morte's powerful, dramatic and compelling tracks are guaranteed to leave you breathless.
Phoenix Williams delights and inspires with a creative blend of Indie rock and folk-style vocals.
Summer is here! Sun, BBQs, holidays and of course festivals!
To The Bones and Six Hour Sundown were supporting Zico Chain at the O2 Islington Bar Academy. We all know Zico Chain and how great they are. But we may not know about To The Bones or Six Hour Sundown. Now we will.
White Valentine perform very well written and composed tunes that not only promote easy listening, but are tracks that you will want to listen to again and again. This very talented group are doing a few gigs next year so if they are performing in your area, you would be wise to book a place at the venue.
I was fortunate to acquire a copy of Dave's new album. Whilst I am not familiar with this style of music, I can see myself becoming rapidly converted. If you are like me and enjoy several different genres of music, or you are a techie at heart, then this is definitely for you. Even if you are not, Dave's album appeals to everyone.
Any of us that have seen the film "The Social Network" will know that the big creators of our favourite social networking sites are also individuals that are most likely (on occasion) to deal with court cases. However, this is now not the case and it appears that any individual Twitter-user in England or Wales could have court proceedings brought against them according to the Attorney General.
For centuries copyright has been given through legislation to authors and artists of all medias. However this legislation only applies to works that are in a concrete form, such as a manuscript, play script, written or recorded musical score, photographs, sculptures, collages 3D or 2D visual work of art, works of architecture and works of artistic craftsmanship (though most artistic works are protected irrespective of artistic quality). However, this is a requirement for works of architecture and artistic craftsmanship. Therefore these items need to be in a physical form that is capable of being copied, before the legislation applies automatic rights to prevent the piece being copied.
Top