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Vendor News

What's the Price of Failure? At HP, it's $7.2 Million...

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What's the Price of Failure? At HP, it's $7.2 Million...

Massive severance packages and golden parachutes are everything but news, but it's always worth pointing them out. Like in the case ex-HP CEO Leo Apotheker, who leaves the company with a very tidy sum-- a $7.2 million, to be precise.

In additional, he also receives a $2.4 million bonus and $3.7M in stock, as the regulatory filing from the US Securities and Exchange Commission shows. And HP will even pay the lawyers negotiating the package!

One would think Apotheker led HP to a prosperous new golden age, rather than getting kicked out after 11 Read more...

Steve Jobs Dead at 56

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Steve Jobs Dead at 56

The undisputed leader of the computer, mobile phone, entertainment industries, Steve Jobs passed away yesterday at the age of 56.

All the best eulogies were already written when he stepped down on Aug. 24th as CEO of Apple...and most of us knew the only reason he would walk away from Apple would be his own ultimate demise.

Steve wanted to changed the world and he did. Held up as the consummate businessman, ironically Steve actually was an anti-businessman...a cult legend who stood against much of the business culture. Frank Sinatra may have sung the song, but Steve Jobs really lived "I Did It My Way."

You heard a lot about his business life when he gave up Apple. Now you'll start to hear a lot more about Steve as a man. Now when his private life will be less guarded and admirers, deprived of his public persona, will seek further insight from his life.

Read more...

Lenovo and Compal: A Factory of Our Own

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Lenovo and Compal: A Factory of Our Own

Lenovo and Compal's extraordinary decision to create a joint venture to build PCs begs this question: When do you stop outsourcing?

When a Tier 1 brand buys into its contract manufacturer, it's because competitive pressure means it is no longer possible for contract manufacturers to bear all the cost burden of building new plants.

Lenovo and Compal hope to, together, reach new lows in the cost of PCs... putting more pressure on other makers. That's why the new factory is located far away from traditional plants in coastal China. It's all about Read more...

Dell Keeps on (PC) Believing

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Dell Keeps on (PC) Believing

Michael Dell still believes in the PC market, or so he tells The Financial Times-- with the company set to gain market share as HP goes through "restructuring".

However Dell has "little interest" in purchasing the HP PC business, out for sale since last month.

Dell tells the FT "...the devices and the hardware still matter as part of the complete, end-to-end solution."

The company is the 2nd largest PC vendor, with 12.9% global market share according to IDC-- with HP being the biggest, with 18.1% share.

While Mr. Dell does not believe we're Read more...

HP CEO Crisis: Apotheker on the Way Out?

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HP CEO Crisis: Apotheker on the Way Out?

Bloomberg and the Wall Street Journal report HP CEO Léo Apotheker could be on the way out just after 11 months on the job, as HP faces decreasing investor confidence in the face of the current PC market slump.

Sources close to the matter mention ex-eBay CEO Meg Whitman as potential temporary replacement.

According to iSuppli HP remains the no. 1 global PC maker-- even if is currently under pressure from both the likes of the iPad and low-cost competition forcing prices (and profits) down.

However as we all know HP put its PC division out for Read more...

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