Few days back, we heard that HP is buying Palm in an amount of $1.2 billion. But here we have a reason that’s why HP purchasing Palm which is that the business of HP has successfully diversified from the last five years.
If you look at the chart then you come to know that the imaging and printing group which is the most profitable part, has been stagnant, and then Services,
Personal System Group & Enterprise Storage and servers gained profit in their categories, on the top of the chart HP gained profit in HP Software category. If HP works harder than they can increase their business also in the Smartphone’s category which is also a very rapidly growing business.