It's a tough morning for HP in the aftermath of the webOS and PC business announcements yesterday, with a plummeting share price and long-time foe Michael Dell not missing the opportunity to take potshots at the ailing firm. HP may have beaten expectations for the last financial quarter, with net revenues of $31.2bn, but the market has still reacted negatively; the company's share price is down around 20-percent this morning, to around $23.50 a share, the lowest seen since mid-2005. Meanwhile, the Dell CEO has taken to Google+ to call out his old rivals. "They are calling it a separation" he sniped on Google+, "but it feels like a divorce."
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‘webOS’ Stories
HP shares slide 20% as Dell CEO takes public potshots
Amazon, Samsung, HTC… who’ll be webOS’ new suitor?
HP’s decision to amputate its webOS hardware line and attempt to tourniquet the cash gush has left the platform’s future in the air. The TouchPad and Pre lines may be dead in the water, but HP has made it clear that the company is “not walking away from webOS” but instead, according to developer relations VP for the platform Richard Kerris, intends to “explore the best hardware partner for it.” Who, though, might be in the market for a plucky platform yet to find a manufacturer who can match it with appealing hardware? With the mobile segment in its current flux, there are some big names out there who could well be interested.
HP TouchPad Lasted 49 Days, Microsoft Kin Lasted 48, IBM Did it Best
Let me see how simple I can make this because there are just a few facts that you should know, probably the most important facts of the day if you don’t count most of the other facts from the HP/webOS situation everyone was freaking out about earlier today. Head to that link for most the details, then come back and remember this bit: HP is weighing spinning off its PC unit. This basically means that HP is looking to do SOMETHING with its PC unit, also known as HP’s PSG, or Personal Systems Group, this sect of HP responsible for PCs, hand-held PCs such as mobile devices, software for the home, and more. SOMETHING means either a complete selling off of the PSG portion of the company or “spinning it off” meaning it would still sort of be part of the company, but it’d be like Beavis and Butthead’s Daria or Happy Days’ Mork and Mindy or Laverne and Shirley – separate but in the same universe.
HP not ditching webOS, just the hardware
Following earlier reports that HP will be discontinuing its webOS ecosystem of devices, including the Veer, Pre3, and TouchPad, an insider source has informed Thisismynext that the company will not be abandoning the platform entirely. The source revealed details from an all-hands meeting held with HP employees in the webOS Global Business Unit that indicate the platform could still live on through licensing.
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Why HP is dropping webOS : HP Comments at Length
Earlier today we received word that not only would HP be “spinning off” or completely separating from their PSG* division, they’d be completely stopping production of all webOS phones and the TouchPad tablet, as well as the webOS mobile operating system. Why on earth would they do such a thing when their PC division is the biggest in the world and their preliminary results of the third fiscal quarter of 2011 is at $31.2 billion, up from $30.7 billion the same quarter last year? We did a bit of research, soul searching, and listening in on the HP Q3 FY11 earnings call to get some answers and a better look at the future of Hewlett Packard.
HP Discontinues webOS Handsets, Touchpad, and Entire Ecosystem
Today HP revealed that they would be announcing that it will completely discontinue operations for all webOS devices. This affects the HP TouchPad and all webOS handsets. This does not mean that webOS will be cancelled altogether and forever, though it certainly doesn’t bode well for those who’ve invested in the HP/webOS combination in the meantime. This comes after less than stellar sales on the TouchPad and a request from Best Buy for HP to take back all their tablets.
HP outs new 64GB TouchPad tablet with white case option, not for America
If you are a fan of the HP TouchPad, you are among the minority. This tablet has been flamed by many users due to issues and the fact that the tablet just isn’t as good as other offerings on the market for the money. We took issue with the tablet when we reviewed it too. Consumers responded to the lackluster reviews of the tablet and didn't buy leading to price cuts to try to woo buyers. Recently Best Buy even tried to get HP to buy the tablets back that it had in stock after selling only 25,000 of 270,000 it purchased according to sources.
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HP wants webOS in your car and microwave
HP's webOS tablet, the TouchPad, may not have set the market alight, but the company is hoping a broader playing-field for the platform might make a big difference. webOS chief Stephen DeWitt told the WSJ that HP is exploring the possibility of putting the software into cars and onto home appliances, claiming that there was an "enormous amount" of manufacturer interest for the concept.
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HP TouchPad unsold stock mountain prompts Best Buy ire
Best Buy is reportedly refusing to keep the huge, unsold stocks of HP TouchPad tablets it has in its warehouses, with the retailer said to have sold less than 10-percent of the 270,000 units it initially ordered. The company has apparently told HP that it wants to return some of that stock, AllThingsD's sources tell them, with sales that have only amounted to around 25,000 of the tablets. Another source said the estimate was on the "charitable" side and that, even with recent discounts and what has now become a permanent $100 price cut, sales are still underwhelming.
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TouchPad Go 7-inch tablet hits FCC
Apparently, there have been some rumors floating around that a new HP TouchPad packing 4G has hit the FCC. That isn't the case though accordion to some sources. Buried inside the FCC documents for the new HP tablet that has hit the FCC are some labels that clearly show what hit the FCC is in fact the HP TouchPad Go with a 7-inch screen we have talked about before. Last we spoke about the mysterious 7-inch HP tablet the thing was expected to launch this month.
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HP TouchPad 4G Visits The FCC, Heads To AT&T
The HP TouchPad will soon be getting a 4G version on AT&T's HSPA+ network. The 4G model just passed through the FCC today with documents showing all its proper 4G labels, indicating that it's on track for release sometime this month. A leaked roadmap in July had pushed HP to confirm the 4G TouchPad to arrive in August, but they also revealed some interesting spec boosts.
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HP TouchPad’s $100 Discount Gets Permanent
The HP TouchPad has been getting all sorts of discounts lately, which must have surely aggravated its earliest adopters that paid full price. Just two weeks after launch, the TouchPad already had $10 sliced off by Amazon and Best Buy followed by another $50 discount from HP and then a promotion for August 5-7 that offered a $100 discount. That last one, however, HP confirms is here to stay.
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