Hasta La Gadget!

There has been various reports about Google and Samsung’s relationship being on the rocks due to Samsung’s increasing success. The reports say that Samsung’s dominance in the Android market had Google concerned about the future between the two companies. There were even reports that Google was conspiring with other manufacturers, like HTC and HP, to keep Samsung and its products in check. But Google’s CFO, Patrick Pichette, has his own opinion on the topic.

Pichette stated that Google’s relationship with Samsung is terrific, and that its success is mutually beneficial for both companies. He says that Google welcomes all of its Android partners to continue to innovate, and that its objective is to make sure that all of its partners benefit from the Android open-source platform. To the reports about Google’s strained relationship with Samsung, Pichette says, “I just think journalists love big headlines that sell newspapers.”

The reports stated that Google was scared that Samsung might use its leverage in the Android mobile market to negotiate a new ad-revenue sharing deal with Google. The sources stated that Samsung would demand a greater share of ad-revenue from Google, even more than the 10% that it is already receiving from the tech-industry juggernaut. Samsung’s argument would be that the 215 million+ handsets it sold last year provided Google a huge boost in ad-revenue and that because of it, it deserves a bigger share.

Google’s CFO could be right, and the entire Samsung and Google relationship status could have been blown out of proportion, but it could be the company trying to divert prying eyes to potential problems. The other sources still confirm, however, that Google and Samsung will put aside their “troubles” while battling their common enemy, Apple. Google and its Motorola division are also planning on releasing the “X Phone” which should give both iPhone and Samsung a run for their money.

[via ZDNet]

Google CFO discusses reports of Samsung/Google conflicts is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

HP is planning on shifting its attention from the PC industry to the tablet industry. It has already started on this transition by announcing its new HP Slate 7 tablet, a $169 budget tablet that will definitely catch the eyes of consumers, and also make it a decent competitor to Amazon’s line of 7-inch Kindle tablets. While it is $10 more than the cheapest 7-inch Kindle Fire, it does have the benefit of running Android 4.1 Jelly Bean.

HP’s CEO, Meg Whitman, stated at the Morgan Stanley Technology, Media & Telecom Conference, that, “We’re shifting resources from PCs to tablets. The market moved very fast to tablets and smartphones, and we’ve got to now manage that transition.” HP did try to get into the tablet market with its HP Touchpad, but unfortunately the tablet did not achieve the success that HP wanted. Its original price tag of $499 and $599 deterred many users from buying the tablet and sent them straight to the similarly priced Android tablets and iPads. Thus began the $99 HP Touchpad firesale that benefited a lot of people (myself included).

Seeing how many people wanted affordable tablets, and how many HP Touchpad owners quickly installed CyanogenMod’s ROM as soon as it was available, HP most likely figured out that their next move should be an affordable, Android tablet. HP’s main focus isn’t just budget tablets however, they do plan on releasing high-end Android tablets, and even Windows 8 tablets in the future.

HP may have a good chance at making a comeback with tablets. Not only just with its budget HP Slate 7, but also with its possible high-end tablets. If they do make a Windows 8 tablet, or an Android tablet with a NVIDIA Tegra 4 processor, they have a shot at being a major competitor in the tablet market. That is, if they’re able to competitively price their tablets this time around. Are you excited to see what tablets HP will have to offer?

[via CNET]

HP will focus on the tablet market is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

HP has announced its first-quarter earnings for this year, and although things are lower overall than they were last year, the numbers come in higher than was expected, showing good things. The company brought in $1.2 billion in profit, with a total revenue of $28.4 billion. All in all, the shares came in over $0.10 higher than the most optimistic estimate.

The first quarter results for 2012 had been a tad higher at $1.5 billion, showing an expected drop. The price per share then is about 11-percent lower than it was last year, although as noted, it is still better than was expected. The company had a couple bad quarters in 2012, and things were looking down, especially in light of the botched Autonomy acquisition, which caused the company grief all around.

In addition to the nice numbers, HP also managed to reduce its debt by $1 billion, something it has been steadily doing for a few quarters now. This translated into a 115-percent jump in cash flow over the same quarter last year, and as a result, shares are up in after-hours trading, coming in at $18.50 over the $17.xx they were staggering at.

HP’s CEO Meg Whitman offered this statement: “While there’s still a lot of work to do to generate the kind of growth we want to see, our turnaround is starting to gain traction as a result of the actions we took in 2012 to lay the foundation for HP’s future.” She noted that the company exceeded its non-GAAP diluted EPS outlook, citing reasons of improvement in its market, channel, and execution efforts, as well the restructuring it made public in early 2012.

[via Venture Beat]

HP announces 2013 Q1 financial results, shows over $1bn in profits is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

HP’s stock is climbing in after hours trading from news of the company’s quarterly financial results. The Palo Alto firm has posted a profit of $1.2 billion for the first quarter, which is based on revenues of $28.4 billion. While the results fared better than HP’s previous expectations, both profit and revenue have fallen year-over-year for the Silicon Valley mainstay, down 16 percent and six percent, respectively. With respect to the company’s divisions, personal systems, printing, enterprise, services and software have each taken a hit from the previous year, with HP’s financial services segment being the only unit to show growth (despite the fact that financing volume is also down). Beyond the sagging numbers, Meg Whitman is offering reason for optimism to investors, saying the company will bring “a number of new programs and disruptive innovations to market in the coming quarters, and we expect the benefits from our restructuring will accelerate through fiscal 2013.” For the complete breakdown of HP’s financial health, just hit up the source link.

Filed under: HP

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Source: Marketwatch

Hewlett-Packard is reported to have plans to enter the Android tablet market by joining hands with Google and creating an tablet, according to a report by ReadWrite. The tablet will have an NVIDIA Tegra 4 chip, which was announced during the Consumer Electronics Show (CES) in Las Vegas in January.  Tegra 4 is one of the first quad-core chips based on the more modern ARM Cortex-A15 design which would make the tablet quite powerful.

HP already offers a Windows 8 tablet but does not have plans to create tablets with Windows RT. The move with Google should be beneficial for the company, which has come behind HTC, Motorola, Apple in the mobile computing race. The move will also help Google with getting a even larger footing in the Personal Computer area. HP is one of the largest computer maker in the world.

HP’s recent history in the mobile computing world has not fared well.  HP acquired Palm in 2010 at a cost of $1.2 billion but had to stop its mobile products unit after failures. HP however still leads the market in Personal Computers, with sales better then Lenovo, according to Canalys. We will have to wait for official word from HP on this matter, as HP declined to comment on plans.

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