Hewlett-Packard’s abdication: What hath Apple wrought?

“You don’t have to look very hard to find the Apple (AAPL) angle in Hewlett-Packard’s (HPQ) August surprise: The announcement Thursday that it is pulling the plug on its tablets and smartphones and preparing to abandon the personal computer market altogether,” Philip Elmer-DeWitt reports for Fortune.

“This is Steve Jobs’ post-PC era writ large,” P.E.D. reports. “‘I’m trying to think of a good analogy,’ Jobs said as he explained the concept to All Things D’s audience last year. ‘When we were an agrarian nation, all cars were trucks. But as people moved more towards urban centers, people started to get into cars. I think PCs are going to be like trucks. Less people will need them. And this transformation is going to make some people uneasy… because the PC has taken us a long way. They were amazing. But it changes. Vested interests are going to change. And, I think we’ve embarked on that change. Is it the iPad? Who knows? Will it be next year or five years? … We like to talk about the post-PC era, but when it really starts to happen, it’s uncomfortable.'”

P.E.D. writes, “‘Uncomfortable’ hardly begins to describe what HP is feeling right now.”

Read more in the full article here.
 

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

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