New HP CEO Meg Whitman says the company will not spin off the PC business as previously speculated. Lots of reasons for this, including not wanting to incur the cost of setting up a whole new company. Also, because HP buys so many components for those computers, it gets a good deal on pricing for all its other stuff. All this despite the fact that the PC market has razor thin margins and the market isn't getting much bigger.
But HP knows that tablets are getting way bigger. To that end, the company will release a Windows based tablet next year, it said Thursday. Where does that leave webOS and the TouchPad? Probably in the files of anachronism for the moment.