Giants such as Hewlett Packard, EMC, Oracle and IBM (to name just the most notable) are all, to one extent or another, living some version of this story.
In such a scenario, UBS favors sectors such as technology, and stocks such as Hewlett-Packard, Microsoft, Visa, Ricoh, Samsung Electronics and Tokyo Electron.
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Rivals such as Hewlett-Packard picked off Digital's customers by the hundreds after Compaq announced the takeover.
Companies such as Hewlett-Packard, BP and Deloitte have spent significantly to tap into those avenues.
Intel sells its processors to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) such as Hewlett-Packard, Dell, Toshiba and Sony, and individuals building custom PCs.
Busted computer monitors and laptops are shipped by companies such as Hewlett-Packard to the 500-acre Louisville hub where 90 planes land every two minutes over a three-hour period each night.
With the help of technology partners such as Hewlett-Packard (nyse: HPQ - news - people ), TeleVital has wired up 130 locations in India, mostly poor villages.
For example, if outsourcing hardware manufacturing provides IBM (NYSE:IBM) a cost advantage, it also does for its competitors, such as the Hewlett-Packard (NYSE: HPQ), Dell Computers (NYSE:DELL), and EMC (NYSE:EMC) that will follow suit.
The Motorola lawsuits come as the line between computer manufacturers and mobile-device makers blurs, with new entrants such as Apple and Hewlett-Packard Co. making bigger moves in the mobile sector, while traditional handset makers such as Samsung Electronics Co. enter the tablet market.
Environmental groups, like Greenpeace, point to surveys ranking Apple below other computer makers, such as Dell and Hewlett-Packard Co.
High-tech firms (not all of them struggling), such as Motorola, Hewlett-Packard and Yahoo, have led the way in appointing outside chief executives.
My first entree to the financial community was at Salomon Brothers following the Enterprise Server Hardware companies such as IBM, Hewlett-Packard and Sun Microsystems.
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The firm is best known for producing iPhones and iPads for Apple, but also makes products for other companies, such as Microsoft and Hewlett-Packard.
Intel, AMD charges, threatened to withhold vital price breaks on its processors to deny Intel rival business from big computer makers such as IBM and Hewlett-Packard.
The slightest reluctance from firms such as Compaq, Hewlett-Packard and Gateway to do Microsoft's bidding was met with the threat of taking away their Windows licence.
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The spreading of the cloud darkens the outlook for traditional hardware makers such as Dell, Hewlett-Packard and Sun Microsystems, which have already been buffeted by fears of a U.S. recession.
The rest of the technology sector performed well Tuesday, as fellow chip companies Advanced Micro Devices and Texas Instruments increased 2.2% and 2.6%, respectively, while other firms such as IBM and Hewlett-Packard also enjoyed gains.
The gain in the market and decline in volatility is somewhat perplexing, given the large macro risks that continue to pervade the global economy and the relatively weak earnings outlook offered by a number of bellwether firms such as FedEx and Hewlett-Packard.
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The stakes for Ballmer alone should make a tablet battle between Apple and Microsoft interesting, to say the least, particularly if Ballmer can match what Microsoft has learned with the Xbox with hardware smarts from a longtime partner such as, say, Hewlett-Packard.
As long as C-suite conservatism holds sway, stable giants such as IBM, Microsoft, Hewlett-Packard, Intel, Cisco and Dell will hold the commanding heights.
While Steve Jobs has made Apple relevant again with a series of splashy surprises, such as the iPhone, the Hewlett-Packard chief executive's approach is even more intimidating.
But not for Matt Greeley, CEO of Brightidea, which developed a transparent process used by companies such as GE, Cisco, Hewlett-Packard, and Unilever to collect ideas over the web.
They are a fraction of TCS's 215, 000-strong workforce but represent the bridgehead of its ambitions to go beyond being merely an outsourced back-office and coding shop and take on such consultancy giants as IBM, Hewlett-Packard (HP) and Accenture on their home turf.
While Steve Jobs has made Apple (nasdaq: AAPL - news - people ) relevant again with a series of splashy surprises, such as the iPhone, the Hewlett-Packard (nyse: HPQ - news - people ) chief executive's approach is even more intimidating.
The shift has weakened long-time stalwarts such as Dell, fellow PC maker Hewlett-Packard Co.
That prospect has already persuaded companies such as Microsoft, Cisco Systems and Hewlett-Packard to change the assumptions underlying their option schemes in order to reduce their potential impact on the bottom line.
For instance, even if Cisco does not realize any near-term benefit from this deal, still, solely on the basis of defense and if Cisco on sought to block another rival such as Juniper or F5 or even Hewlett-Packard from jumping in and closing this deal, Cisco still wins.
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Behemoths such as IBM ( IBM) and Hewlett-Packard (nyse: HPQ - news - people ) say Linux products and services have added billions to their top lines.
Linux has so far gleaned the support of major corporations such as IBM, Sun Microsystems, and Hewlett-Packard for use in servers and is now gaining some popularity in the desktop market.
Others, such as Home Depot's Bob Nardelli and Hewlett-Packard's Carly Fiorina, paid themselves like superstars but delivered dismal results.
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