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Posts Tagged ‘TouchPad’

HP Says Supply Will Meet TouchPad Demand

Boxer Manny Pacquiao in the HP TouchPad ad.

Ever since HP announced that it was discontinuing its six-week-old tablet, the TouchPad, demand has spiked. This is because of the drop in price, which has gone from the $400-$500 range down to the $100-$200 range. All of a sudden, people can’t get enough.

But HP has decided it isn’t dropping the tablet cold turkey. The company has announced there will be more TouchPad’s to meet this demand. Mark Budgell, a social media strategist on HP’s PR team, writes on the company blog that the company will be “winding down production” in the fourth fiscal quarter, which ends October 31.

“Since we announced the price drop, the number of inquiries about the product and the speed at which it disappeared from inventory has been stunning. I think it’s safe to say we were pleasantly surprised by the response,” he writes.

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HP Drops Out of Tablet War

'Glee's Lea Michele in a TouchPad ad

In a sad but not entirely surprising move, Silicon Valley’s HP surrendered to the mighty power of the Apple iPad on Thursday and announced that it would cease production of it’s tablet computer, the TouchPad, after a mere six weeks on the market. Six weeks! The poor TouchPad. It was like a new kid at school who didn’t even get a chance; reminiscent of but not quite as blatant a copy as its sorry little cousin, the Microsoft Zune.

In addition to the TouchPad, HP said it would stop selling other webOS like smartphones, and may somehow “spin-off” the Personal Systems Group, which sells PCs. The company said it will strike a deal to buy Autonomy, an analytics business, for $11.7 billion. The idea is to move the company into bigger moneymaking businesses, like software.

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