My spin: I was never “into” cash registers. However, they are a huge part of business – just about every store you walk into has to use one. The market is very competitive and will only get hotter.
News Clip: Hewlett-Packard hopes to ring up more sales at retail with a new PC-based point-of-sale terminal.
The Palo Alto, Calif., PC giant will announce on Monday its HP rp5000 point-of-sale terminal, essentially a PC-based cash register.
HP has a large presence in the retail market, deriving $1.9 billion in revenue from the industry since its May 2002 merger with Compaq Computer. But the HP rp5000 is the company’s first home-brewed point-of-sale terminal. (full story)