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HP clears out, brings TouchPad down to as little as $100

updated 08:00 pm EDT, Fri August 19, 2011

HP TouchPad fire sale already active

HP acted on hints of a closeout for the TouchPad by cutting prices drastically through at least some stores. In an affiliate copy sent to Electronista and others, the 16GB TouchPad's price has been cut to a quarter of its previous value at $100. The 32GB model has a steeper discount again at $150.

While the fate of the 64GB TouchPad hasn't gone through, HP will make the price cuts official on Saturday, August 20. US stores are still showing the earlier pricing, but Best Buy Canada and Future Shop have jumped ahead and are already selling at the much lower prices. It's not evident if HP will give partial refunds for those who bought TouchPads before the new pricing takes effect.

HP doesn't formally exit the webOS hardware business until the fall. It's likely making the cuts knowing that the end to formal support reduces much of the incentive to buy in, even if HP had instituted more moderate price drops. Its pricing likewise reflects an attempt to clear out overstock as fast as possible. With just 25,000 TouchPads sold at Best Buy, it's rumored to have about 245,000 unsold tablets at the one retail chain alone that prompted a near-mutiny as the store refused to pay for unsold inventory.

At $99, the TouchPad has the dubious distinction of receiving some of the fastest and steepest discounts in technology history. It started at an iPad-like $500 but saw a sale price of $450, then a permanent drop to $400, and finally the new $100 price, all within the space of about seven weeks.



By Electronista Staff
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Comments

  1. darkelf

    Fresh-Faced Recruit

    Joined: Nov 2003

    +9

    at $100

    they might actually double their previous sales.

  1. Arne_Saknussemm

    Forum Regular

    Joined: Apr 2011

    -9

    Belive it or not

    YOU, and everyone else will suffer from this.

    It's as simple as one less competitor.

    Just like the approved merger between phone carriers will further limit user's choices; on less tablet maker will lessen the competitive pressure on the rest to please the consumer.

    This is nothing to celebrate; if left to itself even the all mighty Apple would stagnate and cese to care for it's users.

  1. bigmig

    Fresh-Faced Recruit

    Joined: Jan 2004

    +11

    Geez...

    I feel bad for the guys who paid $400 (not to mention those who paid $500!). I hope they're still in the refund period...

  1. Parky

    Mac Elite

    Joined: Oct 1999

    +20

    Apple

    Apple do not ned competition to innovate with new devices.
    Look at what they have done WITHOUT competitors:
    iPod, iPhone, iPad - all brand new markets compared to what was there before.
    They were not responding to competition, they were and are ALWAYS striving to please the customer.

  1. alpich

    Fresh-Faced Recruit

    Joined: Aug 2008

    -4

    Could I get it to run android?

    This makes a compelling purchase if you can run android.

  1. UmarOMC

    Fresh-Faced Recruit

    Joined: Aug 2001

    +2

    Should have let Palm die...

    Bad investment. Bye.

  1. PJL500

    Fresh-Faced Recruit

    Joined: Jun 2011

    +1

    a real bargain IF

    it could be flashed with a more "popular" OS?

  1. facebook_Raul

    Via Facebook

    Joined: Aug 2011

    +1

    There is a business opportunity

    Do anyone know how many TouchPads were manufactured. Because at that price many ppl wants one, even just for web browsing, the thing is that they sold out in Canada and if all are sold and they are counted in millionths there will be a vacuum for apps and users will hurry to buy apps while they are available.
    If so, hp just managed to create the desired foundation to have solid sales of more TouchPads, if they are willing to take back the spinning off of the tablet. Or there would be an advantage for anyone licensing WebOs.

  1. Eriamjh

    Addicted to MacNN

    Joined: Oct 2001

    +8

    Picture frame

    Worth it.

  1. Sukoshi

    Fresh-Faced Recruit

    Joined: Aug 2009

    +7

    Picture Frame

    Best. Idea. Ever.

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