Friday, August 19, 2011

HP KILLS TOUCHPAD, WEBoS AND PHONES; SPIN OFF OR SELLING COMPUTER BUSINESS


In a shocking announcement HP has said it is exiting the tablet computer and smartphone business and either selling or spinning off its PC division. The most immediate impact to consumers is the end of the Touchpad, which was just launched a month ago, and HP branded smartphones, notably the Palm series.

The announcement was a surprise especially considering HP paid almost $2 billion just two years ago for WebOS owner Palm. WebOS has been praised by the tech industry, but generally ignored by consumers.

HP will continue to sell servers and business equipment while it ramps up to become a software and services business.

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