Microsoft analyst comment has been added to this story.
By looking to spin off its PC business, ditching its WebOS hardware and shifting its focus firmly away from consumers, HP's bold moves could have a major impact on a host of tech heavyweights.
HP's PC buddies such as Microsoft (MSFT) and Intel (INTC) and rivals like Dell (DELL), IBM (IBM), Cisco (CSCO) and Research In Motion (RIMM) will all be watching the company's shape-shift with great interest. For most, this could spell new revenue opportunities.Microsoft The bit of good for the Windows purveyor: The decision to ditch WebOS hardware removes a pile of non-Microsoft software-running consumer devices from the market. The bad: HP's spinoff plans reflect a stagnating PC market, which has always been key to rolling out yet another successful Windows OS refresh cycle. A bad scenario for Microsoft would be if HP's PC unit gets picked up a company that would shift its focus away from Windows. HP, after all, is the largest PC player in the world. Any number of companies could potentially grab HP's PC operation. Asian giants Acer, Toshiba, Samsung and Lenovo, which bought IBM's computer business in 2005, could be acquirers. Then there's Google -- what if Google decided that it wanted to further stake its claim in the gadget market? Far-fetched though it may be, a Google deal would pose a big challenge to Microsoft. The weakening PC market also ups the pressure on Microsoft's yet-to-be-launched Windows 8, the mobile device platform that faces two heavily-entrenched market leaders: Apple's iOS and Google's (GOOG) Android. "
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV