While the talk swirling around Hewlett-Packard now focuses on rumors that corporate raider Carl Icahn is buying shares, what HP should really do is break itself up and spin off its personal computer segment, says CNNMoney’s Assistant Managing Editor Paul La Monica.

“If HP's PC business was free to operate independently via a spin-off, the company might be able to finally develop a successful mobile strategy,” La Monica writes.

“It would be able to focus on what consumers want and not worry about being a part of a larger one-stop shop, cross-selling strategy for corporate IT departments.”

Editor's Note: The Final Turning Predicted for America. See Proof.

Meanwhile, HP should sell its printer division, La Monica says. The unit’s profits are dropping, but it still produces plenty of cash with operating margins of 22 percent.

All this would leave “a smaller and more nimble company that's completely focused on the four S's of technology: servers, storage, software and services,” he writes. “HP could cater almost exclusively to the so-called enterprise market of big business.”

Some experts agree with him.

“In our view, full value won’t be realized by just improving operations — structural change is required,” UBS analyst Steve Milunovich wrote in a report, according to MarketWatch.com

“HP, with its fully developed enterprise and consumer businesses, should split up in order to realize greater value.”

Editor's Note: The Final Turning Predicted for America. See Proof.