HP Wanted $1.2B "Refund" Via WebOS Sale, Gets Smacked With Reality
December 29, 2011 1:49 PM
comment(s) - last by
(Source: Satan's Laundromat)
Apparently you can't run your operating system into the ground and expect a full refund
How much does Hewlett-Packard Comp. (
) think its leftovers are worth? Apparently $1.2B USD,
HP allegedly in mid-2011 asked various parties if they were willing to pay it $1.2B USD for the remains of webOS/Palm. That's a pretty gutsy move given that HP
paid $1.2B USD for Palm
defunct CEO Léo Apotheker
HP's sage board
then proceeded to run webOS into the ground, finally
terminating its product lineup
and cleaning house of
both the engineering staff
, that's a pretty ambitious figure to be floating, to say the least. This is hardly atypical thinking at HP of late, though -- consider this is the company that seriously
considered cutting out the heart of its busines
s -- consumer PCs -- and only reconsidered after being
smacked with shareholder class action lawsuits
and public outcry.
[Image Source: Gigaom]
Sadly HP appears to have been smacked hard with reality. Samsung Electronics Comp., Ltd. (
) -- thought to be one of the potential buyers HP approached --
laughed at the prospect of such a sale
insisting it would never buy webOS. Well, it would certainly never buy it at $1.2B USD -- that's for sure.
HP's recent woes have few parallels in the technology industry, but are at least remarkably similar to those of Research in Motion, Ltd.'s (
) and its flaccid executive squad. Both companies were once remarkably profitable, but have seen a
veritable train wreck of recent events
and have struggled as shareholders blasted them for
Recent reports indicated that HP might end up getting nothing for webOS, opting instead to offer the legacy ultra-mobile OS
as open source software
HP's new CEO
Meg Whitman as saying that HP "could" launch new webOS tablets in 2013.
This article is over a month old, voting and posting comments is disabled
RE: HP Seems to Have the Competency of a Government Agency
12/30/2011 10:59:27 AM
The Touchpad came out about 4 months after the iPad 2 and sold for the same price as an iPad2 but with many many features lacking... It performs worse than a ipad1 even though it has a camera, it might as well not even have one. Stupid stuff like that; releasing a half baked products how you sink your product / brand. There were a lot of things to like about the TB... The keyboard with numeric keys is a big plus. Hopefully Apple will add it to iOS one of these days... Same with android.
I compared the TB to my iPad1 and I didn't like the quality of the TB, but the screen was fine. Read the review on Anandtech for the good and bad.
From this rumor... It seems HP sent the Touchpad out to the public to die. HP has been doing stupid things ever since they fired their SMART CEO over nothing. They are a clown company that WILL not live 5 years, except perhaps as a printer company. They have become today's Commodore, a joke managed by idiots who are making more money than they are worth. They are the only venders of the dead Itainium platform, their desktops are no better than anyone else's, nor their prices. I stopped buying HP printers about 8 years ago because of bloatted drivers and crapware... Really, 1GB HD space for a multifunction printer?! ( in 2003)??? I just need the damn thing to print and scan. And let's not even start on thier crappy India tech support.
There are other companies that do better, make better products and support thier customers.
"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs
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November 1, 2011, 5:53 PM
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