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management

Lost Investment

August 19, 2011 0:33:06.415

This is the sort of thing that really, really makes you wonder. First, HP dropped Windows for their tablets, bought Palm, and announced that WebOS was the future. Then they promoted the heck out of the TouchPad. Now... this:

In a dramatic turn of events, Hewlett-Packard said on Thursday that it will stop selling hardware based on the webOS it acquired from Palm. As part of its broad statement on Thursday regarding plans to consider spinning out its PC business, HP said “that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones.”

That is one heck of a lot of wasted money...

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posted by James Robertson

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