The speed at which it disappeared from inventory has been stunning. We have decided to produce one last run of TouchPads to meet unfulfilled demand.A statement from Hewlett-Packard • Revealing that the company’s late-round success with the HP TouchPad was enough that they’re going to produce more of them and sell them at fire-sale prices. Which is hilarious, and tells us all that the decision to stop selling them was perhaps a little too rash. Good work, HP! source (via • follow)
» Investors were NOT happy with the news: HP fell down to its lowest level in years — a level so low that they last time it was at this nadir, Carly Fiorina had just left the company. We think this should tell HP something — killing off the race horse (WebOS) immediately after it starts the race is terrible business strategy, and investors will not react kindly to this. That was your future, HP, and you blew it because you had no idea how to feasibly make it work.
HP, a storied Silicon Valley icon that dominates the personal computing industry, announced it will discontinue the WebOS-based “TouchPad” tablet computer and phones, which have failed to catch on with consumers.HP spent a ton of money on this thing. And it’s already done. (EDIT: Along with the Pre and their cell-phone business.) That’s it. Big deal. A lot of big news today in HP-land.