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Enderle Group Principal Analyst Rob Enderle on Hewlett-Packard’s second-quarter earnings results.
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Right now rob -- -- standing by his principal analyst at an -- group.
You've been watching this company for a long time how does this earnings report stack up for you.
Lots of -- that -- really that showcase for Meg Whitman she's now been -- -- a lot -- up.
So she's had an impact on the company and these earnings now are tied directly to her performance.
And the -- -- were reorganized the company no inside the firm she's been doing an excellent job getting people to work together getting efficiencies of looking at problems in cracking up.
The interesting thing as -- happen -- -- -- communicate much of this success outside the firm.
Until now these aren't exactly showcase that very success -- nice work so far -- a lot better today that's expected.
Given enough the art revolving door CEOs that come through that company in the last ten years or rob I'm wondering what does she have to showcase what it what kind of big product as -- we have right now the showcase.
Well they they don't -- -- actually riding the ship up Mark Hurd left the company.
Our listing -- sinking badly he cut way too deeply.
And the end result was a firm that was had a hard time getting out of its way to the broad Adlai -- pot -- Who by no measure what's the right got a rotten not right HP it's a make equipment gathered -- company that needed to be rioted needed people look forced in the right direction.
So it's like anything else -- you've hit the type that -- had to get hit the iceberg.
Try to figure out what show which state of the -- people it is probably not the right thing to do -- to get the ship righted.
Have put in the right direction now look forward in terms of the products critic and everything.
-- PCs remain a problem mayor to the company -- still needs to be corrected but outside of that the rest of the company's look at pretty good -- surprisingly good at the moment.
Well surprisingly good but OK so -- -- cut even more deeply 27000.
More job cuts.
Makes you wonder how can they come back.
Really by -- in what people are expecting to be that ultra bull market that supposed to grow are we seeing any of mass adoption of the -- books which are supposed to take on.
Sort of MacBook Air.
Well shop.
About the big push -- -- books will come after windows eight in the fourth quarter and a lot of that's gonna depend upon how -- -- does remember when does it is that touch product.
Alter books so far haven't gotten that well Koch they're they're very light and that -- -- you're touching the screen have a tendency to tip over it's not.
Right now it's not a great user experience at prices have been high and the fourth quarter prices come down -- -- number of designs.
Directly is I pushed shooting -- picking up -- -- more stable that type situations we'll see what happens for right now everybody's betting on the fourth quarter results -- books and what Jose.
Hey rob just wanna -- -- you for one more question here on on HB actually on Dell.
And HP Dell is is blaming a slowing of the world economy and its troubles.
But the stock market not believing that that they're -- took an 18% or 17% cut today.
Is it fair to blame the slowing economy or these businesses have to re model themselves somehow.
Well you know Dallas already -- modeling itself it's shifting from up PC company -- mid market company much more solutions oriented.
All the acquisitions that -- go to that solutions oriented.
Our model the thing is when your company in transition you're shifting from one market and once -- -- customers.
To another what you're gonna have a lot of hills and valleys in the my -- they -- what Elbe valley this cycle but it is a company in transition that Gallup we saw a couple years ago is not the -- today.
Won't be that -- tomorrow the good news is that stuff that they have acquired these new these new properties are all doing relatively well -- the getting hurt.
Isn't personal technology it LB apple iPad has been cutting through all this stuff like a hot knife through butter and oddities firms HB.
Dallack able to -- the good competitive response -- -- -- or the -- well the good news for HP is its trading huh.
