Editor in Chief
HP Planning to 'aggressively attack' Smartphone & Tablet Market with Android Devices
We have some pretty solid industry intel that HP is going to jump back into the tablet market big time. In fact, they are also planning to "aggressively attack" the smartphone market as well, and they plan to use the Android OS to do it. Here's a quote with some of the details,
This seems like a brilliant move by HP. For one, almost all technology us evolving toward the mobile world. Two, Android pretty much owns the mobile landscape. This makes it a no-brainer move by HP, and we are looking forward to seeing what they can come up with. Would you consider owning an HP phone or tablet?
HP will “aggressively attack” both the smartphone and tablet markets, according to Jefferies analyst Peter Misek recent note to investors.
“While the move makes sense strategically, we see it as a high risk move,” Misek explained. “On top of adding costs and working capital burdens to an already stressed balance sheet, there could be additional write-offs.”
HP’s last attempt to enter the mobile space was a short-lived one. Just around a month after it launched the webOS-based HP TouchPad, the company pulled the plug on webOS, cancelled its HP Pre 3 project, all under the strong influence of then CEO Leo Apotheker.
Newly appointed Meg Whitman seems to renew HP’s somewhat lost focus in consumer products and the mobile industry and we can only hope the company brings a great Android device, competition is always welcome.
09-28-2012 12:29 PM