In the video, Motley Fool analyst Eric Bleeker talks about a costly mistake Hewlett-Packard (NYSE:HPQ) made by choosing not to swim with the tide. Now, there's a chance the computer maker may fall even further behind as another advancement related to television takes place in the connected devices space. HP missed out on smartphones and tablets, and the cost of failure is about to increase as its peers, such as (NASDAQ:AMZN) and Apple (NASDAQ:AAPL), revolutionize the television space with mobile operating systems.

HP isn't the only laggard. Sony (NYSE:SNE) has expertise in making TV sets, but it might not be able to handle next-generation devices that have a smartphone, tablet, and television all on a common platform. Eric cautions investors not to put their money behind companies such as HP and Sony that could get run over if they can't catch up with the latest trend.