With Respect to Matters Concerning The Board of Directors of HP
raganwald.posterous.com
raganwald.posterous.com
It seems like HP had a good thing going. Then Wall Street decided HP should be making more money. This insatiable need for increasing profits then forced a group of people to make a series of increasingly bad decisions.
That is how it looks to me at least.
I have tried to track down the original joke. The first time I heard it was 20 years ago. I was 10 years old at the time and the old Soviet Union and the Eastern Bloc were falling apart. My dad was a political refugee from Eastern Europe who emigrated to Australia.
I asked him what was going on while we watched the news on TV, and he explained that communism was a different system to ours and it was one where the government controls the people.
He told me 'two envelopes', but with the characters being leaders of the Soviet Union. It was an old joke he first heard in Russian, and had heard repeated across the Eastern Bloc as a commentary on the situation they were in.
I couldn't find an earlier reference than when I heard it - so I will assume the joke originated in old communist East Europe. When you search for the joke, a lot of websites reference it as a 'Russian joke' [1], which backs up how I first heard it.
[1] http://toperjokes.blogspot.com/2007/05/two-envelopes.html
Unless your joke sucks, then you'll just suffer an awkward silence.
If you ask me, they should've given their hardware division more time to come up with a winning tablet, if not running webOS then running either Android or Windows 8 (seeing how HP and Microsoft are "intimate" partners"). Give the hardware division a chance to reverse course while it is still not a cash drain on HP. Then, if HP can't break into the high-margin tablet market, dump the hardware division.
I wholeheartedly agree with you. How many notebooks did Apple make before having a hit? You build two phones and one tablet that are not hits and you can the whole division?