History Shows People and Companies Can Turn on a Dime

 
 
By Chris Preimesberger  |  Posted 2012-05-18 Email Print this article Print
 
 
 
 
 
 
 


 

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.

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.

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



 
 
 
 
Chris Preimesberger Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz
 
 
 
 
 
 
 

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