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Too Slow to MarketChannel partners at HP's Americas Partners Conference 2011 in March were clamoring to get their hands on HP's TouchPad tablets for their end customers that wanted a tablet that supported Flash. But customers were tired of playing the waiting game. Many opted for iPad before Touchpad's launch date on July 1.
HP (NYSE:HPQ) didn't always think webOS and TouchPad was doomed. It was only 16 months ago that HP proudly announced plans to buy Palm for $1.2 billion and use its webOS as the basis for a new line of business. "Palm's innovative operating system provides an ideal platform to expand HP's mobility strategy and create a unique HP experience spanning multiple mobile connected devices," said Todd Bradley, executive vice president, Personal Systems Group of HP, in a statement released back then. "And, Palm possesses significant IP assets and has a highly skilled team. The smartphone market is large, profitable and rapidly growing, and companies that can provide an integrated device and experience command a higher share. Advances in mobility are offering significant opportunities, and HP intends to be a leader in this market." But things didn't quite work out as planned. Here's why.
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