While you were out yesterday, Hewlett-Packard delivered the biggest quarterly loss in its history, according to its earnings report released after the markets closed. In just three months, this once great company lost NINE BILLION FUCKING DOLLARS. This was partly linked to its insane $13.9 billion purchase of Electronic Data Systems. On top of which, in common with Dell, the PC business is bleeding through the fucking eyeballs. Back in the old days, HP was run by intelligent people, then the rot set in when they hired Queen Carly Fiorina, who, when she wasn’t flying around the world in one of her three company jets, was buying shit –Remember Compaq? – For grossly inflated prices. Every one of the 300 CEO’s who’ve run the place since then have been douchenozzles, plus in the case of “Hurd the Turd,” sex maniacs. Now Meg “I Know Baseball Memorabilia” Whitman is going to turn the place into a “Services” business. Yeah, don’t they all try and do that. Problem is, IBM did it first and did it best. Everyone else is playing catch up. No doubt, in the interests of efficiency and improved shareholder value… The long suffering HP employees can look forward to even more massive layoffs. Dontcha just love capitalism?
I did politics, but fucked that up too. Maybe this will work!