The HP Bomb

John Gruber has some great commentary about the Apple/HP iPod deal, it is well worth the read:
And so what to make of the HP/Apple iPod deal? It’s a big deal for HP, and it’s a very big deal for Apple. I thought there were a bunch of big announcements at Macworld Expo — GarageBand, the iPod mini, the updated iLife suite, the new branch of mathematics that says 40 percent of Mac users on OS X means “the transition is over” — but the HP deal is much bigger. I’m guessing that Apple had in fact hoped to announce it at Macworld, but couldn’t because negotiations between the companies weren’t finalized until late Wednesday night, according to the New York Times . Why is it big? Well, for one thing, because HP is big. HP is a huge company; in the fourth quarter of 2003, HP reported nearly $20 billion in revenue , and over $1 billion in profits. Apple, by comparison, reported $1.7 billion in revenue and $44 million in profits in their most recent quarter.
Source: Daring Fireball

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