The absolute lack of vision in post millennium HP leadership is so toxic to innovation. It's a good case study in the pointlessness of obsessing over tech company financials.
Now you have two HPs:
- HPE, pretty much a shell of a company. Maintainers of HP-UX, (former) maker of Itanium servers and caretaker of Cray (but also the company that seems to have misplaced the Irix source code).
- HP, Maker of shitty printer products and expensive toner.
How do you go from having everything to be a joke of a company/companies?
I'm not saying that's what happened. But, it's a capitalistic type world.
Also with one of the worst logos ever. Have you seen RECTANGLE? It encapsulates our venerable company in two dimensional space. It's at least honest - Three dimensions would imply we're solid, and four would imply that we're moving anywhere.
First slowly and then suddenly.
We have AI. WE HAVE AI. Why aren't you using our AI?
What if we replaced our stagnating search with AI? Would you use it then? Please? It's AI, which is the future! We're so focused on AI we fired everybody that wasn't working on AI.
AI.
There is no much differentiation in the IT services space, lately they provide worm bodies to clients and not much more, or nothing at all. There is no competition, there is no differentiation, it is the place where old elephants go to die. And the CEO of HP at that time had the vision to go there.