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HP Spins Off the PC Business the Beginning of a Thorny Path
Struggling with fierce competition and the low margin, Hewlett-Packard is planning to offload its PC business by a spin-off or other feasible alternatives. While it certainly is a rational move considering the commoditization of the PC business and the cannibalization from tablet products, it is likely to create significant impact on HP and the PC industry. Our recent consumer survey of 4800 respondents in major developed markets shows that a thorny path is awaiting the soon-to-be-independent HP Personal Systems Group (PSG).