In the wake of slow sales of WebOS devices, HP has announced that it is terminating its line of WebOS devices, which includes the TouchPad Tablet and the smartphones. HP has announced this as it revealed its quarterly revenue of $32.2 Billion, up slightly when compared to last year. If there's one thing to take away from this announcement, it is this: competing in the hardware space is extremely tough and even giants like HP sometime have to throw the towel. As an original equipment manufacturer (OEM), procurement and purchasing power is as important as the design and technology behind the product.What happens next will be interesting.
Ubergizmo
See also:
newtech, HP Terminates WebOS Devices
