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Things are not looking too hot for the HP TouchPad right now as apparently not even the recent price cuts are helping retailers move more units off store shelves. According to a report on AllThingsD, Best Buy has sold just 25,000 units -- less than 10 percent of its inventory -- and with surplus stock of over 200,000 the company is now asking HP to take back the unsold tablets.
HP is reportedly pleading with Best Buy to be patient and is sending a senior executive over to Minneapolis soon to meet Best Buy executives. That could mean we'll see further discounts in the coming weeks or perhaps some bundle deals with HP laptops as the back-to-school buying season revs up.
Analyst Rich Doherty of the Envisioneering Group says sales are also poor at Walmart, Microcenter and Fry's. The report comes just hours ahead of HP's quarterly earnings call today, where many expect the company to keep TouchPad numbers under wraps, or if they do share some figures it will probably reflect "channel sales" (the number of tablets shipped to retailers) rather than actual "sell through" numbers.
HP's first foray into tablets has seen a lukewarm reception, with initial reviews pointing to the TouchPad's slow responsiveness and limited app catalog. WebOS is the key piece of the HP's $1.2 billion acquisition of Palm last year and is supposed to be a big part HP's future -- with plans to put it on everything from laptops to printers.
The software itself, while noticeable buggy, does show promise, but HP dropped the ball on the hardware side -- much like Palm did with the original Pre. Now the company is being forced to take some drastic measures to get WebOS and its TouchPad tablet off the ground. Earlier this month, HP already announced a $100 discount on the TouchPad, bringing the price down to $400 for the 16GB version and $500 for the 32GB version.
User Comments: 31
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i also have an HP latop in the bathroom , and 5 desktop on the garage, oh in 2 in the shower, and 3 ipads under the bed.....
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1977TA said:
Man that sucks for HP, whether you like them or not, more competition in the tablet market is good for the consumer.
Agreed, i am a fan of Android and can appreciate iOS, but i would have liked to have seen WebOS do better their first go round. The Galaxy Tab 7" wasnt exactly great so I'm not writing WebOS on tablets off just yet, well until Windows start getting serious then its pretty much game over
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Well, I am not a techie, but have always had a solid array of computers, back to my first - the Apple IIe. In the last 12 years, I have owned 4 HP computers, 2 desktops two laptops. I have also had an Acer desktop and one of each made by Dell. Prior to that, we had a number of Compaqs. Compaqs were always shite. The acer was okay, but I have never had any issues at all with any HP product, aside from the sometimes cumbersome pre loaded software. I have had 2 HP printers now as well, and two from other mfrs which both crapped out in under 2 years. All of our neighbors now use HP as well, except one fellow whose company bought him a Toshiba, which has worked well also. In my experience, with all consumer electronics, its a crapshoot. Including Apple, from whom I have two phones, 3 kids Itouches, and for a brief time an Imac, which from day one never worked worth a crap at all - and after horrendous attempts to resolve the issues, I'll never buy an imac again...every brand has its haters and fanboys - form your own opinion...
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Guest said:
Well, I am not a techie, but have always had a solid array of computers, back to my first - the Apple IIe. In the last 12 years, I have owned 4 HP computers, 2 desktops two laptops. I have also had an Acer desktop and one of each made by Dell. Prior to that, we had a number of Compaqs. Compaqs were always shite. The acer was okay, but I have never had any issues at all with any HP product, aside from the sometimes cumbersome pre loaded software. I have had 2 HP printers now as well, and two from other mfrs which both crapped out in under 2 years. All of our neighbors now use HP as well, except one fellow whose company bought him a Toshiba, which has worked well also. In my experience, with all consumer electronics, its a crapshoot. Including Apple, from whom I have two phones, 3 kids Itouches, and for a brief time an Imac, which from day one never worked worth a crap at all - and after horrendous attempts to resolve the issues, I'll never buy an imac again...every brand has its haters and fanboys - form your own opinion...
Sir Yes Sir !!!!
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Suck it up BestBuy sell them for $100.00 USD take GDamn loss and write it off on your taxes.
At $100.00 they will fly off the shelf, if they don't drop the price to $50.00.
Don't be crying pansies about this.
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Best Buy people are ****** in my estimation. I've been camping out there for days tryinig to buy an HP Touchpad. They are out they say? If they are complaining about having to much stock, why don't they get it out to the stores? They will disappear off the shelves.
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