The company has begun to do this by consolidating both its printing and PC businesses, which, combined, have accounted for $65 billing of its revenue last year. In addition to reducing its CAPEX, this is certain to make the company more nimble while improving its ability to innovate and produce products that appeal more to consumers. By the time investors decide they like HP, it will likely be too late and the "value window" would have closed. At some point we have to realize that "value and high expectations" don't always go together. Apple's history notwithstanding, not every stock is able to meet both criteria. However, if investors are waiting to buy HP after signs that PC growth has been reignited -- that's not going to happen. Instead, consider that with a forward P/E of 4, there is very little expected for HP. Apple was in a similar situation 10 years ago. Under its current reorganization, investors should take notice that not only is HP poised for possible growth over the next four years, but it has now positioned itself to increase its profit margins in a relatively short period of time. Follow @rsaintvilusAt the time of publication, the author was long AAPL and held no position in any of the stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.