This Company's Still Dead in the Water
This video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner and industrials editor/analyst Brendan Byrnes discuss topics across the investing world.
The pace of innovation in technology moves at a seemingly endless pace. The companies that can keep pace in this "innovate or die" world usually also richly reward their shareholders. Once a Silicon Valley icon, PC heavyweight Hewlett-Packard used to live on the cutting edge of big tech, consistently pushing the envelope. However, it's been noteworthy lately for all the wrong reasons.
The company now finds itself on the outside looking in as smart devices continue to take the place of PCs for the average consumer. In a recent move, CEO Meg Whitman attempted to bring about the turnaround she promised when she took the helm. Listen on to see if her most recent move stands a chance of restoring this fallen angel to its former glory.
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At the time this article was published Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes owns shares of Apple. The Motley Fool owns shares of Apple, Google, and Microsoft.Motley Fool newsletter services recommendApple, Google, Microsoft, and Nokia. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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