Dell Inc. (DELL), Cisco Systems, Inc. (CSCO), Hewlett-Packard Company (HPQ): Can Enterprise Carry The Load?

These servers also prove to be much more energy-efficient, consuming less power than conventional ones. However, with exact Moonshot server sales figures being unavailable as of yet, it’s difficult to predict whether they would truly make a significant future contribution to HP’s overall revenue.

Foolish final thoughts

The only good thing that can be attributed to HP’s current management is a substantial $9 billion reduction of its massive debt pile , the majority of which was the result of the ill-fated “Autonomy” acquisition. Then again, considering HP’s plans to make use of the resultant free cash flow for even more acquisitions, investors should wonder whether that will make much difference to a company that has failed to get its basics right.

In the end, the fundamental problem with HP remains. This is a company that has failed to make a successful transition into a post-PC world, where mobile devices currently hold sway. HP has simply failed to come up with a significant new and inspiring product line, one that’s likely to transform into a robust future source of revenue.

To make matters worse, the economic situation is unlikely to lend a helping hand to the company anytime soon. This is definitely a time to look beyond the buyback and dividend scenario for HP. Deleting this stock from your tech portfolio may turn out to be a wise move.

The article Time to Hit the Delete Key on H-P originally appeared on Fool.com and is written by Subhadeep Ghose.

Subhadeep Ghose has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems (NASDAQ:CSCO). 

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