May you live in interesting times
The last two weeks have been very disruptive in the tech front.
HP Drops the TouchPad after 49 Days, and is actively selling it’s PC Hardware business.
HP has bid a hasty retreat from the Hardware PC and tablet market. Considering they were the largest PC company in the world, they are leaving their enterprise customers in a bit of an uneasy situation. To walk away from the TouchPad after a meager 49 days is incongruent with their trumpeting of marathon commitments. The HP Touchpad price was dropped to $99 and the untouchable TouchPad soon became the impossible to find touchapd as the price was too good for consumers to ignore. HP also is abandoning the PC market, as it wasn’t easy to make money in the low margin arena. Leo have you seen Apple lately? Maybe you need to admit you are not aware of how this industry works because its not SAP. This reeks of a lack of vision, on behalf of Leo Apotheker. If Steve Jobs managed to surpass Exxon albeit briefly in market valuation then this is Leos failure. Turning HP into a service industry; a move which IBM successfully performed years ago, was responded to with a lack of faith on behalf of investors. It ran their stocks down 22 percent and lost them 16 Billion dollars.
Google Buys Motorola
In a surprise move after failing to win a bid to buy the Nortel pantent portfolio, Google up and buys Motorola for 12 Billion plus change. With it comes about 26,000 patents and a hardware manufacturing unit for both handsets, tablets and set top boxes. This is an uneasy move for Android manufacturers, if they see this as a move on behalf of Larry Page to directly compete with Apple in the development of a unified hardware/Android platform. The patents will also come in very handy to Google as it seeks to end the Microsoft FUD tax on Android devices. This caused the S&P to push Google stock as a sell, which is just recovered from into a hold suggestion.
Steve Jobs resigns
Steve Jobs yesterday after close of business sent a brief letter:
August 24, 2011–To the Apple Board of Directors and the Apple Community:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
Steve Jobs has been a huge benefactor to the Technology revolution and evolution for over 30 years. With his departure it will be interesting to see if his vision can be kept on path. Good Luck Steve, we hope your health worries can be resolved.
cmdrtaco resigns from slashdot
In another move that will be less covered in the mainstream media, Rob Malda aka cmdrtaco the founder of slashdot.org has announced his last post as editor and chief of the aging web entity. This is meaningful to me, as it was where I sourced much of my technical awareness on a daily basis. Since I discovered it, the site has been my personal homepage for nearly a decade. My appreciation of open source software and Linux is firmly rooted in the posts and pages of slashdot. I watched the tech years unfold on those pages he had built and with his passing it feels like a true passing of an era. Slashdot was web 2.0 before the term was conceived. There is a horrible and great community of nerds that gather there. It would be a shame to see them lose that community as slashdot reinvents itself. Rob good luck in your future endeavors. You have quietly helped make the tech world sensible as it evolved.