Over the course of the call, Apotheker repeatedly made clear that they're merely examining their options with PCs. "I want to make sure people understand... that PSG is part of HP, and will be managed in a very normal way." Or, more succinctly: " We will refrain on commenting until the board has made a decision." While the powers that be mull over the viability of spinning their PC business into its own company -- or selling it outright -- it'll be business as usual, which means you probably shouldn't start trying to hawk as a rare collector's item just yet.

TouchPad fans, though, are out of luck. "About a year ago, we made a bet on WebOS," said CFO Catherine Lesjak. It didn't pay off. "Strong reviews were met with poor sell through," and investing the time and resources to make the platform strong simply presented too much risk, with no clear sign of returns. So HP has opted instead to eliminate the hardware entirely. That said, HP hasn't quite sounded the death knell for WebOS -- they're "exploring strategic alternatives to optimize the value of the software platform."

"Decisive steps are never easy, and change doesn't happen overnight," Apotheker remarked at the close of the call. An HP without PCs would be a tough pill to swallow, to say nothing of the sudden disappearance of a promising WebOS. Whatever the company's decision regarding the PC business, its become clear that household names aren't immune to the winds of change.