|Quoting Ken777 (Reply 34):|
The other ugly part will be getting rid of the remaining inventory. Apparently there is about $100 million in inventory and it is not selling. Especially not now.
They've apparently earmarked the respective sum for a complete writeoff of the tablets (any residual sales sure wouldn't hurt, but they're not counting on them). Dumping them into a landfill (as Apple infamously did with unsold Lisas in the eighties) is probably out of the question, so there might be some major discounts to be had on the remaining stock.
There will probably be some damage to the brand in the PC
market as well, but if they can keep inventory low enough, there may just be a reduction in sales but at their dismal margins that wouldn't hurt them much as long as they don't actually sit on piles of unsold boxes at the end of the drawdown (or at the point when they've found a buyer).
The sad thing is that the old HP
once was the premium brand of electronic calculators with absolutely unmatched mechanical quality and an Apple-like obsession with their products (coming from the creation of similarly high-quality electronic lab equipment).
I still cherish my trusty old HP
calculator (one of the old LED
models!), but when they turned into yet another generic PC
manufacturer that old spirit was pretty much lost, and the HP
of today is almost unrecognizable to anyone knowing them from their earlier days.
• According to reports
, the HP
webOS team ran WebOS (which is mostly HTML-based as the name suggests) on an iPad for comparison and found that on the iPad it ran "significantly" to "many times" faster than on its native HP
• Apple's new "spaceship campus"
is actually being constructed on a piece of land that had formerly been the HP
headquarters before they moved away and sold it to Apple.