HP’s Failed webOS Experiment Cost Them $3.3 Billion, But What’s Next?

24 Nov

It is well-known that HP’s stake on webOS was an expensive one, but the company’s Q4 and full-year financials gives a feel for just how dearly the webOS experiment cost them. This past year, the company lost a staggering $3.3 billion thanks to their most recent foray into the mobile space.

HP’s financial results exposes that the TouchPad fire sale has yielded profit for HP of  $200 million in revenue, yet the tablets were sold below cost. It surly focuses on the company’s purpose on using their remaining TouchPads to drive sales across their other product lines. It is perhaps a fitting end for the TouchPads – the HP tablet that did not sell was used to support a division of HP’s business they nearly sold. It was unlikely that webOS would have ever become a major player int he market, But it still embodied a few concepts that deserve to live on. It rely upon the decision of HP what the next step is.

Greg mentioned a few months ago, webOS isn’t completely dead yet — rather it is stuck in OS limbo while HP decides what to do with it. Earlier reports informed that HP would sell off webOS to whomever wanted it, but the newly appointed CEO Meg Whitman said it was significant to make “the right decision, not the fast decision”, and held off on the sale. Now people can understand how much webOS cost HP.

So, with the year’s numbers on the books, HP has a decision to make: should they go ahead and sell webOS? Or should they take the “expensive bet” and give webOS another go? Or should they pursue some other unseen option? Meg Whitman said that answers would come within the span of a few weeks, and that time is running out. Lots of expectations upon Meg’s decision on what is going to be.

Source: techcrunch

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