HP: There’s A Method To This Madness

Last month HP announced a massive price drop on their HP Touchpad tablet. This created madness that created a Black Friday-like atmosphere around retailers who had the item in stock. One day, nobody wanted one. The next, everyone was trying to nab one. The lucky ones nabbed the 16 GB model for just $99.99. Quite the drastic drop from its original $499.99 retail value.
The reason why HP canned the HP Touchpad was due to low sales. These low sales were because this tablet should have never been priced at $499.99. That’s what the Apple iPad 2 and the Samsung Galaxy cost. Those came with iOS and Android, respectively. The HP Touchpad had the app-less webOS. What the frenzied sales showed was, if anything, that HP didn’t create an inferior product, it just priced it wrong.





