Holy Personal Computers, Batman!

[maxximilian]

In all, the ousters of its past three CEOs, including the bonus for the interim CEO, have cost HP $83.3 million

Smooth moves there, HP....

Now factor in that the touchpad firesale means they lost roughly $200 on each pad sold. Ballpark figure that at around $200 million.

Then....the $1.2 billion for Palm and WebOS which are now worthless acquisitions without a consumer division.

[SpywareDr]

The $99 TouchPad Returns To HP’s Employee Purchasing Program On Sept 28th
http://techcrunch.com/2011/09/18/such-a-good-deal/

...
The company is set to release a final batch of the $99/$149 HP TouchPads to employees starting September 28th at 9:00am PDT. This is per an email I received from an HP employee (embedded after the jump), which notes TouchPads are available on a first come, first serve basis and employees are only allowed to buy one TouchPad ...

HP Employees Get One Last Chance at TouchPad Fire Sale
http://www.pcmag.com/article2/0,2817,2393177,00.asp

...
Although this final sale seems to be the last nail in the coffin for HP's beleaguered tablet, some analysts are trying to cajole HP into breathing new life into the device.

"The TouchPad was overpriced at launch and did not sell. This led HP to draw a premature conclusion that the product category had failed," said analysts for the firm Canalys in a research note.

"The TouchPad has become the 'must-have' technology product of 2011. Perhaps no other technology vendor, apart from Apple, has ever created such hype for a technology product," they added.

The problem? According to some analyst estimations, it costs HP around $300 in manufacturing just to make a TouchPad to begin with. Consumers might love themselves some inexpensive tablets, but there's no way that HP establish much of a concrete tablet business by burning money.
...

[maxximilian]

There are thousands of people like me that are bit concerned by the internal HP memo about a new round of sales to HP employees. We have pending orders with HP that have not been filled in over a month, yet they are selling more to employees. We fear getting screwed after all this waiting.

[maxximilian]

New CEO Meg Whitman may be rethinking the PC business spinoff....

http://online.wsj.com/article/SB1000...262949256.html

Hewlett-Packard Co. Chief Executive Meg Whitman said she would like to accelerate the company's review of a potential sale of its personal computer business, seeking to make a decision before the end of the year.

"We're going to get to ground on this as fast as we can," Ms. Whitman said in an interview with CNBC, noting that she has heard from salespeople that uncertainty around the unit is hurting H-P's business.

I read elsewhere that the majority of stock holders (who are losing money hand over fist) want to keep the PC biz.

[Sal_gal]

The $99 TouchPad Returns To HP’s Employee Purchasing Program On Sept 28th
http://techcrunch.com/2011/09/18/such-a-good-deal/

HP Employees Get One Last Chance at TouchPad Fire Sale
http://www.pcmag.com/article2/0,2817,2393177,00.asp

The cost of $300 to manufacture is amazing considering it's made overseas by cheap labor.

[maxximilian]

The quest is at an end. Just got my Touchpad delivered after 45 days of waiting. haven't broken the seal yet as I ponder that $200 offer I got awhile back....but I imagine my curiosity will get the best of me soon and open that sucker.

[fink]

I'm betting that it will be open before I finish typing this message..

4,3,2,1...

[maxximilian]

Pretty close, Fink.....it's open, charged and set up already....LOL

This is my first tablet and I am not used to this touching stuff.....I keep making mistakes.

[SpywareDr]

The quest is at an end. Just got my Touchpad delivered after 45 days of waiting.

Congrats!

[Crimson Blonde]

Pretty close, Fink.....it's open, charged and set up already....LOL

This is my first tablet and I am not used to this touching stuff.....I keep making mistakes.

You will feel like your fingers are a mile wide for a while

Congrats Maxx!!!

[jdc2000]

HP TouchPad gets webOS update

http://www.zdnet.com/blog/mobile-new...79?tag=nl.e539

[maxximilian]

I got it. Good upgrade. Much faster now.....