HP's Snapfish Swims With Sharks

Not long ago, Hewlett-Packard (NYSE: HPQ) shareholders were left to wonder whether the firm's acquisition of online photo site Snapfish.com -- for an undisclosed amount -- was a good deal. Today's expanded digital photo relationship with Walgreen (NYSE: WAG) should provide them with another head-scratcher. Simply put, HP's Snapfish will now offer customers the chance to pick up their images at a local Walgreen store, rather than wait for the photos to arrive in the mail.

Source: Motley Fool


Posted: Mon - August 29, 2005 at 03:47 PM