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Comments on HP status



#9

Hello,

I wanted to write a short message to everyone and hopefully allay some concerns. This is not any sort of official statement from HP, but just some observations that are relevant to those whom visit here for love of calculators.

1. We (everyone here on this sit and within calcs) have always known that calculators are not really a good fit within HP anymore. In fact, I think calculators is the oldest group left within HP by far. In the past decade or so, it has been shuffled around quite a bit trying to find a fit. Currently, we are under accessories which does both aftermarket consumer things (mice, keyboards, audio, etc) and things like batteries, docking stations, power cables and the like. This as been a very good fit for calcs, and there has been a ton of support to grown the business and do exciting things.

2. Accessories falls under PSG which is being looked at with this announcement. Nobody really seems to have any idea what will be happening, but if you look at the analysts it ranges from completely selling PSG, to doing nothing at all.

3. It will take a long time for any decisions to be made. On Thursday when the announcement came out, a lot of people cleared out of the Ft. Collins office that afternoon. There was a lot of worried talk as it was a big surprise to everyone. By Friday everyone had absorbed the news, and we'd mostly all come to the decision that it really wasn't that bad. In fact, there are some definite upsides.

4. HHC this year is still going on. We will still be there, and there will be some really great things you won't want to miss.

5. Are calculators done? Well, if you've asked some people here they'd say it already happened with the discontinuation of <insert_favorite_unit_here>.

6. What about long term potential for calculators? In all honesty, nothing has changed at all. I was quite worried on Thursday, but I am over that. I am potentially more optimistic now then I was then. Simply due to the strange fit within HP, there has always been the potential someone would decide to shut it down.

I'd just like to encourage everyone to remain calm. More than that though, you should come to HHC. If it does turn out that this is the last one ever (doubtful), let's go out with a bang! :-D

--

TW

Although I work for the HP calculator groups, the thoughts and comments I express here are my own.

Edited: 21 Aug 2011, 1:57 a.m. after one or more responses were posted


#10

It's good to hear that there's more than gloom and doom in the future for you guys, Tim. Here's wishing for a happy outcome. Whatever eventuates, the responsiveness and support this community has received from HP in recent years will leave a warm glow in my memory. I too doubt that this year's HHC will be the last. I believe the conference was started and functioned for many years without HP's direct support.

#11

Thanks so much Tim -- great to hear a view from the trenches. Just know that as much as we are all concerned about the calculators in general, we also care about you, and Cyrille and others who are near and dear to us. We hope this will be a mere blip.

Thanks,
Bruce

#12

As a veteran of corporate restructuring myself, I know that these events can take unexpected turns and curious reversals. I hope that your (guarded, I am sure) optimism turns out to be justified and that your operating unit survives and hopefully prospers.

As an interesting footnote, my family entertained a Russian business student at our home this past weekend. By coincidence, it was her birthday, so we gave her an HP-10 as a gift and memento of her visit to the states. She was THRILLED with it! It's clear that HP calculators still have the power to impress. Let's all hope that HP senior leadership realizes the same thing...

Good luck...

#13

Many thanks Tim for your message !

Gilles


#14

Wow, thanks very much for the response Tim.

I'm sure nobody expected even so much as a peep out of anyone at HP.

If HP have given you permission to say something then a huge thumbs up from them. But if it was solely your discretion to say something then two huge thumbs up to you.

Honest communication like this is always appreciated in the industry, and only good things will come from it as a result. Something very few companies truly understand.

Regards
Dave.

#15

Many thanks for you insight Tim.

Hopefully HCC2011 will be a springboard for HP calculators and I look forward to seeing you there!

As far as restructuring goes, I can certainly empathize and can only state, keep a positive attitude.

Cheers,

Geoff

#16

Quote:
I'd just like to encourage everyone to remain calm. More than that though, you should come to HHC. If it does turn out that this is the last one ever (doubtful), let's go out with a bang! :-D

Even if hp drops calculators, I doubt that would be the end of HHC.

#17

Hey Tim,

it's good to hear your optimism, here's wishing all the best to you. Same goes to Cyrille.

any chance of you guys coming to work in any of the HP or Agilent facilities in Malaysia?

cheers,

hpnut in Malaysia

#18

Real Class Tim, both you and Cyrille.

Able to answer your customers questions. And maybe more important at times, able to ask them questions also. Real communications in a large corporate environment.

Forrest

#19

You've been so interesting and helpful, that I can only wish the best!

#20

My worry isn't about the calculators (except of course for the sake of you, Tim and Cyrille). I have all the Pioneers, 48's, and Classics (one) that I will need for the rest of my life.

But I am partial to the HP tablet PCs. I am fond of my TC4400, but nothing lasts forever. Should I order an Elitebook, which seems to be the only thing left of this type?

#21

Great companies are made of great people..... All of you at HP are great people, all pioneers of new technology...stay positive! this storm will blow through...

#22

To me, the sad thing about HP leaving the PC business is that they bought compaq in 2002 for $25 billion and now they're getting out. To me it shows very poor management at the top to make such a large investment and then change their mind a short timer.


#23

Quote:
To me, the sad thing about HP leaving the PC business is that they bought compaq in 2002 for $25 billion and now they're getting out. To me it shows very poor management at the top to make such a large investment and then change their mind a short timer.

No doubt.

Of course, as for changing their mind, the compaq purchase was two CEO's ago.


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