History Shows People and Companies Can Turn on a Dime
The lawyer told Zander that there were still some legal complications and that the proposed deal couldn't be announced the next morning. Zander said OK, we'll wait. As we all know, the deal never happened, its fired co-founder, Steve Jobs returned to the company after starting two other companies, and the rest is iHistory. Read eWEEK's account of this story here.Look, we still print out a lot of documents and graphics every day. HP is the world's No. 1 printer maker. Its servers and storage arrays are installed in hundreds of thousands of data centers, and its products generally work very well. It has huge service and partnership organizations. You can go to HP and basically find anything you want for a data center or IT system of any size. HP is the closest thing to a one-stop IT shop there is--even more so, in some ways, than IBM. Slumps Happen HP is the largest IT company on the face of the earth in terms of products and income. It's not going away anytime soon. It's in a slump. Henry Aaron, Barry Bonds and Babe Ruth had plenty of slumps in their days, yet they also hit hundreds of home runs and won lots of games for their teams. Yahoo has set numerous standards in the Internet age. It remains the world's No. 1 home page. Its Web mail is still the most-used in the world. Yahoo news, entertainment and finance news services are used by millions of people a day and, frankly, often taken for granted. Millions of people use Yahoo's free calendar and instant messaging services every day. Once this company gets a visionary leader, it can still go wherever it wants to go. It remains squarely in the conversation; don't be fooled by naysayers who say its day has come and gone. In the coming months, we'll have to see whether the venerable HP can make history "the HP Way" and if Yahoo! can create its own comeback and make History! in its own fashion. Chris Preimesberger is eWEEK Editor of Features and Analysis. Twitter: @editingwhiz
A lot of people have not heard this back story, and it makes an important point, because it illustrates what is possible in this business age. People and companies can turn on a dime, both for good and bad.